Peter Fat

The fat that surrounds one's penis. Usually more previlant in those of a larger carriage. Peter fat will also give the appearance of a 'shrinking penis'

Shelly: “How are things going with you and Billy?
Jane: “Not great. Thanks to his Peter Fat he’s down to 3 inches…”

by KnowIdea January 17, 2012

Fat Peter

Something of complete awesomeness, often referring to people with huge penises.

damn i bet fat peter has a huge penis.

by Pdizlmofukahz August 16, 2011