n. riches, especially those acquired in a dishonest manner.
Some of the rich classmates were keeping their pelf to themselves.
by fgdsrtwey October 24, 2005
2 more definitions
Person Everyone Loves to Fuck
Man, have you seen Olivia Munn, she sure is a PELF.
by Cabose and Pie7 March 19, 2009
"Puffy External Labial Flaps". A fat vagina located below a FUPA
That girl in the leotard has the fattest vagina I've ever seen. Its such a PELF.
by CM, KL September 18, 2008