Pussy wet. Usually, one gets "the PW", and by doing so one has pleasured a female sexually, getting her "wet"
homie 1: "Hey homie, guess what I did last night with my girlfriend."
homie 2: "I bet you didn't get the PW"
homie 1: "you're right, we just watched the Notebook" :(
"Man, she's a sleezy lady, I'm gonna try and get the PW"
An acronym for pocket wiener, whick is when a male pulls his wiener out of his pocket as if he were emptying his pockets, but the wiener comes out instead. It is not exposed, but at the same time enough of it is seen to scare people...a lot.