1) A penis, aged to the point where it has absolutely no sexual use.

2) A prick over the age of 50 who does shit just to piss you off.
Woman: Hey there you rich senior citizen, how about coming into the hot tub and fucking me until you have a corinary?
Old Man: I can't, I have an old dick.

or

Jim: That 60 year old guy down the street tipped over my barbeque because he said it was making too much noise.
John: Shit guy, that bastard down the street sure is an old dick.
by foy_45 March 28, 2004
wrinkley old dick that looks like a shriveled up weiner with two prunes underneath it
the chick rides old dick
by Anonymous February 13, 2003

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