Fat that cannot be lost by some sit-ups, but only by running on a treadmill for hours or getting liposuction. Usually happens when you gain fat, but then wait a year until you realise you might as well lose it.
by Smackman December 12, 2013
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Get the Fat shit mug.The fat that surrounds one's penis. Usually more previlant in those of a larger carriage. Peter fat will also give the appearance of a 'shrinking penis'
Shelly: “How are things going with you and Billy?
Jane: “Not great. Thanks to his Peter Fat he’s down to 3 inches…”
Jane: “Not great. Thanks to his Peter Fat he’s down to 3 inches…”
by KnowIdea January 29, 2012
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