Typically done by prostitutes and crack whores. This means to remove a man's pants to his ankles and then run off with his money leaving him waddling after you like a penguin.
Man 1:"Dude, you got 5 bucks I can borrow?"
Man 2:"I'm totally broke. Last night this crack whore gave me the penguin."
by AnnaleseLover March 14, 2006
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Oswald Chesterfield "Penguin" Cobblepot is a fictional character, a supervillain who appears in comic books published by DC Comics. He is known as one of Batman's oldest and most persistent enemies. Artist Bob Kane and writer Bill Finger introduced him in Detective Comics #58 (December 1941). The Penguin is a short, round man known for his love of birds and his specialized high-tech umbrellas. A mobster and thief, he fancies himself as being a "gentleman of crime;" his nightclub business provides a cover for criminal activity, which Batman sometimes uses as a source of criminal underworld information. According to Kane the character was inspired from the then advertising mascot of Kool cigarettes – a penguin with a top hat and cane. Finger thought the image of high-society gentlemen in tuxedos was reminiscent of emperor penguins.
The Penguin is a Gotham City crimelord with a deformed physical appearance who fights Batman. Despite the penguin-like appearance that led to his nickname, he is a ruthlessly cunning criminal genius operating out of his nightclub the Iceberg Lounge. Having dealt with mockery of his stature from an early age, he has dedicated himself to inspiring respect and fear through his exploits. His standard weapon is an umbrella with different gadgets lethal and otherwise hidden inside of it. He has been a member of the Injustice League, Secret Society of Super-Villains and Suicide Squad. Penguin was created by Bob Kane and Bill Finger, first appearing in Detective Comics #58. (1941)
by The Centurion December 24, 2014
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The Penguin is so slick with his umbrella, that he stole my eggsak toe ones with it.
by Ookpick GooseFrubba August 17, 2005
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When a girl gives a guy a blow job then pretends to swallow only to come up for a kiss and dump his load into his mouth. Much like a penguin feeds their young.
This girl totally Penguined me last night! "WHAT?!? She did The Penguin to you too?"

"I was sick of swallowing so I did The Penguin to him instead. Can you say in your face any louder?!?!"
by CrackHead12 May 21, 2011
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When two or more people try and stand as close together as possible with both hands in their pockets to avoid cold weather and strong winds.
This form of behavior is inspired by the Emperor Penguins, who form a big huddle (also known as the turtle formation) to avoid the extreme cold.
The participants will push themselves closer and closer to the group’s shifting center to keep warm.
“It’s so cold and windy. Let’s penguin to keep warm.”
“Look at that group of people penguining. I wish I could join them.”
“I’m freezing! Shall we penguin?”
by Doram Jacoby and Ellie Brill January 28, 2019
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