Danish;

A composite of "pik" (dick) and "slips" (tie - as you would wear with a suit), so basically a "dick tie". It refers to the hair growing from the penis to the navel (and beyond) on men, and on some unfortunate women.
Dude, you should really shave off that pikslips...
by Andreastij February 15, 2011
Get the Pikslips mug.