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Dry Pencil Scare of '47 

A period of time in which the global pencil economy crashed forcing pencil companies to manufacture pencils without standard moisture. Only lasted 3 days. The reason the King Castlefunny Pencil Moisteners were created besides boosting popularity of "The Castlefunnies".
Yes, Billy, the Dry Pencil Scare of '47 was almost a catastrophe in U.S. History!
Dry Pencil Scare of '47 by Felipe September 8, 2004
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penile loogie 

what one shoots into a urinal after they masturbate in a company bathroom
The secretary looked so good that I had to go blow a penile loogie in the bathroom
penile loogie by connorsji May 8, 2008

penile bulge 

The gigantic protrusion seen in a males groin area when he is wearing pants that are far too tight.
I went to that show called the Nutcracker, and I saw nothing but Penile Bulge the entire time.
penile bulge by Mikey T January 28, 2005

Pencilturds 

A nickname given to small dogs, like chihuahuas or shitzus. Named for the thin feces they produce.
I got so angry I almost kicked poor Pencilturds
A Peiling is a kind person who would offer help and support to their friends and family selflessly. She is sometimes completely clueless to the going-ons around her, which only adds to her cuteness. She is honest to a fault and steadfast in her beliefs. Her hardworking nature makes her a brilliant teammate.
“I am so grateful I have you Peiling”
“Peiling got that cake tho
Peiling by acashewnamedwalnut September 23, 2020

Pencil Attack 

When your penis’s hole gets penetrated by a sharp object followed by bleeding from the area is known as a pencil attack.
Yuvraj’s mother performs a pencil attack on him everyday.

draws like a pencil 

It means you get a smooth drag from a smoking apparatus usually weed related the term was used by Kyle Gass in the movie Tenacious D in the pick of destiny as he took a fine toke of the Bong of Destiny
Jack: how does your new pipe hit dude? Kyle: its so smooth bro it draws like a pencil