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Pink Slip 

The equivalent of a nip slip except when a girl accidentally (or purposely) flashes her pussy.
Dude I love watchin trashy celebs flaunt thier pink slips.
Pink Slip by Fatguyron April 5, 2010
Related Words

pink poose 

a reference to a weak minded ugly child, often a social outcast and physically weak, although they dont think they are
i cant believe he actually thinks he can beat him up! what a pink poose!
pink poose by Joshua Stevens June 3, 2007

pink possum

Another word for the female genitalia. It is ofcourse pink inside, the outside is covered with 1/4-1/2" of furry pubes.
"Let me see your pink possum!" "what a well groomed pink possum you have there!"
pink possum by dA, dA, dA October 7, 2007

pink fluffly unicorn 

A beautiful, gentle, loving, cute beast that loves to dance on rainbows and watch the Glee regionals.
pink fluffly unicorns dnacing on rainbows :D

Pink Waterfall 

After stirring pink lemonade mix inside a frothy vagina and letting it settle for a bit, grab a straw and slurp to quench thirst adequately.
I was so thirsty until Rebecca's Pink Waterfall adequately quenched my seemingly impossible thirst!

pink pandora 

epicely awesome drug that gets you high as fuck
Damn man did you get some of that pink pandora last night? That shit was awesome!
pink pandora by Rozabel November 6, 2013