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1.
A bald headed hispanic.
Aye pelon..
by Natalie April 14, 2004
 
2.
a man who is sexy and bald

jose is sexy because he is pelon.
by pfft June 19, 2006
 
3.
In Spanish, literally a small loaf or breadstick with a rounded end. Often used as slang for either a bald hispanic or one's penis.
Quieres mamar mi pelon?
by bronte May 03, 2006