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Pubiscuit 

A cracker covered in pubes, usually for consumption by a loser of a contest as part of a humiliation.
After that little bitch Spenny lost to Kenny as usual he was made to eat a pubiscuit.
Pubiscuit by BillyBongThornton March 1, 2010
Related Words

Pissbiscuit 

A baked good such as a biscuit, cake, brownie, etc in which urine is used instead of water. Typically done as a practical joke.
I gave Nathan a pissbiscuit; and he actually ate it!!
Pissbiscuit by Steve_Judo January 2, 2010

pissbiscuits 

A minor expression of disgust or dismay.
I can't find my glasses, pissbiscuits!
pissbiscuits by Mickey Bitsko September 26, 2007