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
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