look up any word, like smh:
 
1.
generally whilst your urinating in a public bathroom at a urinal stall with men doing the same or in the showers of a gym/P.E. classes... basically any point in time you may be "exposed" in the company of several men familiar or otherwise unfamiliar; you catch a man looking at your privates a little to long to be a casual glance... you actually see a twinkle in his eyes and perhaps a smirking grin and possibly licking of his lips and your getting a creepy feeling and it's making you uncomfortable and even irritable... "penis watcher" lol... "sharky"
oh man, that buy was funny... i caught him checking out my package :) LOL that dude was straight "peter gazing" i think his new name should be "PETER GAZER" or perhaps we just nick name him "sharky" i mean you would think he was the "shower monitor"
by eighty-six December 26, 2008
 
2.
the fag next to you who tries to look at your unit while taking a pis
you like what you see you peter gazing fag
by Nick a bitch January 14, 2004
 
3.
When someone purposely or accidently looks down at your mid-section while your in the bathroom, in the locker room, or any other time your wanger is exposed.
Hey look coach is in the locker room again, "Peter gazer, peter gazer!!"
by CSells March 19, 2004