For girls- a pair of pants, that when you sit down, bend at the zipper area making the illusion of a penis bulge.
me: mom these jeans fucking suck!
mom: no they don't they're cute.
me: no mom look at this, they're PENIS PANTS!
by nbb October 25, 2006
Latex pants that mold around your waist and penis. The penis sticks out from the body but is still covered.
"These penis pants are cool, but they squeak too much"
by PatternOfChaos July 08, 2004

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