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Monoclephobia 

Persona 1: “Hey man her family suddenly wore monocles while having tea and now she has Monoclephobia”

Person 2: “yeah that happened to me too…”

Monoclephobia 

Persona 1: “Hey man her family suddenly wore monocles while having tea and now she has Monoclephobia”

Person 2: “yeah that happened to me too…”

Monocle'd 

She asked me to "tongue punch her fart box." But, since this was a purely plutonic relationship I Monocle'd her and got pink eye.

Muddy Monocle

The ring of poo left around one's eye after another has positioned their anus around the eyeball. For thrill seekers only.
Jack woke up, looked in the mirror and to his delight saw a brown ring around his left eye. In that instance he realised that Erin had visited him in the night to deliver a Muddy Monocle.
Muddy Monocle by HairyChickenBum December 15, 2011

Monocle Smile

An exclamation made following often bold and manly statements and suggestions.
When asked what Obama would do as a result of losing female support,

Old Spice Guy: Instead of Opening a state of the Union adress with "My fellow Americans," try opening with "Hello ladies" and end with PRESIDENT AB POINT. And if all else fails,

MONOCLE SMILE"

Frank: Let's go play football and then go to Bob's party to get drunk and land some poontang
Joe: Sounds like a great idea,

MONOCLE SMILE!
Monocle Smile by Old Spice Guy July 15, 2010
CCP's most blatant and obvious attempt to milk the players of their MMO EVE - Online, of their real life money.

The monocle is an in-game vanity item that is only available through a special currency (AUR).
The monocle costs about 12000 AUR, which = 4 PLEX = ~70.00 usd (35.00 per plex).

The monocle has caused insane amounts of uproar and frustration in the EVE Online community, and has found its place in several articles comparing it to the infamous Horse Armour scandal (2.50 usd) which was about 18 times cheaper.
Wow! CCP is charging over 70 usd for an internet monocle
Dude that monocle is 18 times more than the infamous Horse Armour!

Bro we just got monocled by CCP,
Monocle by monoclemaster June 22, 2011