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Pencil Drawn Line 

An unfathomably neat vagina, without overhanging or meanderings.
How are things going with your girlfriend?

Great! You should see downstairs. It's like a pencil drawn line!
Pencil Drawn Line by Wagglejavelin November 16, 2012

pencil party 

when the whole class forgets their pencils and someone saves the day
Yo, it's aboutta be a pencil party
pencil party by Miss belle November 30, 2016

Pencil Sharpening Day 

Pencil Sharpening Day is an international Holiday, taking place on October 27th, which was recently popularized by the Youtuber cs188.

While the true origin of this annual holiday is unknown, experts believe that it originated in the middle ages, when feathers that were used to write bibles were thrown onto a pile and then were all sharpened on pencil sharpening day.

There is also rumored to be another Pencil Sharpening Day in November, which could not be confirmed, though.
Woohoo! It's pencil sharpening day! Hahahaha!
Pencil Sharpening Day by RacerN2O December 7, 2016

pencil farter 

A pencil in the butt while farter
"Shut the fuck up you pencil farter"
pencil farter by Kayythaagoat August 24, 2017

pencil in a hotdog 

A really skinny dildo in a saggy vagina. Note the hotdog is a actually a hotdog bun
It’s like putting a pencil in a hotdog
pencil in a hotdog by Vic_patty February 15, 2018

pencil-eraser etiquette 

Refers to the (unfortunately very-seldom-practiced!) consideration of using a separate hand-held rubber eraser --- or at least to slip on one of those much-longer-lasting wedge-shaped "supplementary" eraser-caps if you know you'll be doing a lot or error-expunging --- to clean most of your mistakes instead of just mindlessly consuming your pencil's minuscule built-in eraser, so that you don't wear da entire 0%!$&#@ eraser clear down to the metal ferrule before the pencil's even been "sharpened away" much at all, causing any unfortunate person who subsequently attempts to use said pencil to not have any eraser left for "emergency" erasures (i.e., where he needs to make a quick correction in a tense/flurried situation, like trying to hastily jot down a phone number or address, or to quickly fill out a form where neatness is a must). It helps eliminate waste, as well --- think how many still-perfectly-usable pencils (i.e., they still have most of their "length" remaining) likely get discarded just because their erasers are worn down.
I always bring along a few pencil cap erasers in my purse, since I know how few people actually practice pencil-eraser etiquette, and so oftentimes the only pencils that will be lying around for people to use will not have any eraser left.

P.S. There's also such a thing as "pencil-POINT etiquette --- if ya wear down the lead in a "public" pencil, such as a string-tethered one for a "customer comments" notes-box, practice a little fellow-human consideration by scraping away a bit of the wood at the tip to expose a little of the graphite core again (here's where always carrying a small pen-knife --- or even better, one of those tiny two-finger-grip "dog-bone" or "hourglass" style sharpeners --- can come in handy), so that da next patron who wishes to fill out a store-satisfaction card can have enough of a point on da pencil to actually do so!
pencil-eraser etiquette by QuacksO November 17, 2018