Top definition
def:A mysterious object which can be used in many situations, some believe it is a synonym for penis

Origin: Fat kid on playground wearing a lego starwars shirts
"Well...you suck fat phony!"

"Yo, come look at my new fat phony I got at the store."

"I want a fat phony for my birthday!"
by Uberluke5000 March 25, 2009
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