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pencil erasers 

big nipples that resemble the eraser on a pencil
pencil erasers by mach 10 May 13, 2003

pencil holder 

The phenomenon of the fat kid's pants sliding down his butt just enough when he bends over to show some butt crack. Can also apply to the plumber and the cable guy.
The Thatcher brothers saw an opportunity to point out little Dougy's pencil holder to the other kids. They all got a good laugh when little Dougy started to cry about it.
pencil holder by Boss March 3, 2004

Pencil Neck 

Someone with a long neck that's annoying
Pencil Neck by PIGLOVER^( May 15, 2019

pencil fucked 

The act of writing information about a subject that one has absolutly no knowledge of.
Since I was totally clueless about the topic of my history final, I pencil fucked my way through the essay portion.
pencil fucked by ken May 5, 2005

pencil you in 

To tentatively make an appointment or commitment. Implies it could be changed or canceled, since pencil marks are erasable.
Bob: "I got tickets to Saturday's game. You want to go?"
Tom: "If I can. I might have to work that day, but I'll pencil you in."

Pencil trick 

The short answer to the question "what did you think of the Dark Knight?"

Refers to one of the most memorable moments in the movie.
"Hey, what did you think of the Dark Knight?"
"Pencil trick."
Pencil trick by nighthawk41 March 5, 2009