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Male version of gootch, cause if, or vaganus. Tender space between penis and ass. Made by cramming penis and ass into one word. My most glorious creation yet. I was sad to find out vaganus was taken already as I previously thought I was the creator of that gem as well. but you can't have it all. Thanks Urban Dictionary for clearing that up though.
Mike: "Wanna go play some ball?"
Steve: "Sorry dude, I got a rash on my peenass from Franks Red Hot Sauce."
Mike: "WTF?"
Steve: "Yeah, My girlfriend puts that shit on everything, I mean everything."
Mike: "Apparently"
Peenass by Jacob Galloway November 25, 2013
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Peenarse 

Used by Vinnie Jones in the film Snatch. It is the cross between a penis and an arse, used as an insult without swearing.
''You peenarse''
Peenarse by SpursGirlMeg May 6, 2010
Related Words
A penis that has been in ass so many times that it resembles the inside of an asshole
Guy: are you not impressed by what you see?

Girl: oh my god, you have a penass *takes picture and blogs about it on twitter*
Penass by Awf uck May 14, 2014
A shipping name for Peeta and Katniss from the Hunger Games.
PEEta + katNISS = Peeniss

The opposite of Kale, which stands for Katniss and Gale.

Warning: Do not diss these pairings, because the fandom will claw your eyes out.
"TEAM PEENISS OTP!!! <33"
Peeniss by MeNaK February 8, 2013

Peenarse 

An insult indicating that the accused is both a penis and an arsehole
You silly fucking peenarse
Peenarse by AB_Drax July 7, 2003
A peeness suddenly came over me and I had to rush to the toilet
Peeness by affleck April 29, 2009
A large, majestic ship. These crispy ships have the biggest cannon of all the other ships in the sea. Nicknamed "OTP", it always provides comfort and many cakes with delicate, artful frosting designs on them.
"Did you see that Peeniss?"
"Uhh, yeah! It was so big, it was hard to miss!"
Peeniss by fire-bread-snare January 1, 2012