Another name for a micro-penis. EXTREMELY small penis.
Come over here baby and let me put my pencil tip between those thighs.

My pencil tip wants to dip into your lagoon.

Please don’t pinch my pencil tip, you might rip the whole thing off.
by Gribble October 26, 2018
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When somebody makes a valid point that you didn’t think of before you let them know they made a good point by saying “Good point pencil tip!”. Or you can shorten it with GPPT.
Jimmy: Man these noobs keep camping in call of duty
Lane: The map requires stealth, you can’t just run around like a chicken with its head cut off
Jimmy: GOOD POINT PENCIL TIP!
by Lecrae116 August 31, 2020
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When you stick any kind of pencil up your asshole, jiggle it around, then flip off your bitch ass gf/bf
Marco did the pencil tip cause his girlfriend is a bitch, bitch
by ICreateWordsLol December 17, 2019
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