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Pepperoni Nipples 

A flat-chested female with huge areolas
Those Pepperoni Nipples on Jen had me buggin', I had to have a shot just to chill.
Pepperoni Nipples by Daknow January 1, 2008

Pepperoni nipples 

When ya go swimming early hours in the moring in JUST a crop top and kickers and then suddenly your crop top slips abit and shows your nipples right infront of your friends but you have no care in the world what so ever
chard: shanyce put your nipples away
shanyce: those aren't my nipples there my boobies

Katie: it kinda looks pepperoni nipples
Rhia: RT
Katie: I called the hospital about this and they said call dominos so i did and they said stop sticking pepperonis on your nipples and eat um okuy

Shanyce: THERE NOT PEPPERONI NIPPLES THERE MY BOOBS!!!

Donovan Pepperoni Nipples

When a male's nipples are large and red, similar to a pepperoni in shape and size, sometimes even in texture. Derived from the film "Road Trip", where the character Donovan Chu is made fun of for his large pepperoni nipples. He later dies in the film and the main character, Adam, quotes "Damn...I never got to say sorry about those huge pepperoni nipples..."
"Damn girl, you're right, he does have some Donovan Pepperoni Nipples!"
"I know, it's like his skin is the cheese and his chode is the crust."

peporoni nipples 

damn dude, u dont wanna fuck with that bitch, i hear shes bakin a pepperoni pizza on hre chest

Pepporoni nipples 

when you glue pepporonis to a chicken
I WANT PEPPORONI NIPPLES