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Ghost Penis 

ghosts of the past penises that you have been penetrated with
I tried to forget them but the ghost penises kept cumming back
Ghost Penis by matemoscas May 27, 2016

Ghost Penis 

A clumpy fold in your pants that looks like an erected penis.

Origin:
Anthony Padilla from Smosh mentioned having a ghost penis in his video "the gym hates me".
"I hate when I have a ghost penis lump and it gets more awkward when a hot girl notices it and starts chuckling..."
Ghost Penis by phantomimposter March 7, 2013

ghost penis 

When one becomes very high they may suddenly feel the urge to put two random words together and act as if they make a thought.
Person 1: Dude I am so high!
Person 2: Oh really, good for you
Person 1: I know I love it...oh hey did you do that homework?
Person 2: Yeah, what homework do you need?
Person 1: GHOST PENIS!
ghost penis by El Senor Cheeto October 25, 2004

Penis Ghost 

A ghost that has died without possessing a penis so he wanders around and harvests penises from other men
"oh shit, the penis ghost is here to steal my penis."
Penis Ghost by plsletmeusethissite January 30, 2017