A ball-mullet or mullet for the balls. To achieve a bullet one must trim the pubic mound while letting the hair on their balls grow to full length. When you are showing your bullet off to friends and females you must rock out to ZZ top, sharp dressed man.
Guy 1: Dude, Greg has been pulling some hot ass tail lately, what is his secret?
Guy 2: Haven't you heard? Greg is sporting a mean bullet now, brings the bitches runnin.
Guy 1: Damn dude maybe I'll start rocking the bullet too.
An ebonic term for a small penis. This word is usually used as in insult by an insecureteenager, even without prior evidence that the insulted has a small penis.
Insulter: Man, you got bullet!
Several comebacks, all rather effective: "At least I have proper grammer","And you're gonna have a black eye for trying to be gay and peek in my pants", and my favorite,"That's right. In fact, I have several bullets in this here gun." (Note, you might need to be holding a gun for the last comeback to apply)