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logical phallacy 

Using a phallic (dick) joke in an intelligent discussion. (Not to be confused with: logical fallacy)
Our debate group had a pretty solid point, up until the point Robert committed a logical phallacy and our whole argument went to waste.

phallicacy 

A combination of phallic and fallacy, phallicacy refers to a lie or exaggeration regarding the size of one's penis.
He claimed he had 9 inches. I fucked him last night, and determined that was a phallicacy.
phallicacy by g50007 May 2, 2008

phallacy 

a lie regarding one's penis size
Mike said he had a 9 inch dick...that is SUCH a phallacy...
phallacy by Whitty May 26, 2003
A female name. If her name is Phalicity then she is most whitest female u could fine. She thinks she is all that. Usually thin but looks good in every outfit.
Phalicity is pale asf but swears she ain’t white
Phalicity by Ikyourmadbutitstrue February 13, 2022

phallacy 

Phallacy is the name of an amazing clothing company which offers magical color changing clothes.. That's right clothes that change color when you go outside. AMAZING MAGICAL

The word phallacy is a play on the word Fallacy as in a misleading argument or false argument.. Thus Phallacy's Clothing misleads many by having things appear on it..
Dick: Dude did your shirt just change color?

Jane: Yeah it's magic nig!

or

OMG YOUR SHIRT JUST HAD STUFF APPEAR ON IT !

DUH I bought this wonderful color changing shirt from phallacy lets go play in the sun and make it change...
phallacy by The Phallacy September 19, 2008

Phailacy 

A Phailacy is a combination of the words penis, fail and fallacy.
That conspiracy theory is a complete phailacy
Phailacy by Zyzzlives October 6, 2011