adj. Spelled p-o-n-y, but pronounced poweny. This word, originally from the rural hickish lands of Northern California means sylish, trendy, or as the French would say "Chic". The word is not only to be used in reference to fashon, but is also very highly found describing other items and actions.
Also used in conjunction with the words "My little" to form the phrase My Little Pony. A "Pony" or "My Little Pony" is usually reminiscent of a frail, white trash child, covered in spaghetti sauce and dirt stains, with floppy, greasy hair, resembling the toy "My little Pony" which was left out in the backyard all winter long.