Term referring to a short penis length, especially in south asian ethnic groups. The size of the penis is said to resemble that of a grain of rice. Ownership of a rice rocket may be used to compensate for this lack.
Insecurity about the length of his rice penis led him to put decals and a coffee-can muffler on his Accord.
by Art August 2, 2005
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1.) A street name for a disease that causes speckles on the penis
2.) small penis
"you hook up with John?"
"no I heard he has rice penis"
by BabyMonster March 21, 2013
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