a sexy melodramatic and/or 'hammy' female who dances with gay men at clubs. also known as a 'fag hag' but a higher class one.
"I was at the club last night and my peacunt was there. We were all over eachother. Then my dick got caught on her corset but we made it hot so it all worked out ok."
"Aw, yay, I love my peacunt, we should hook them up."