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penicorn 

A Penicorn is a magnifficant creature with a penis as a horn. They are the very pets of the ancient gods! Some say that they are waiting for a soul as pure as a mountain river, to show their almighty presence to.
It is also said that even the slightest glance of such a creature blesses the beholder with eternal beauty.
Scientists from all over the world are trying to gather crucial evidence of it's existance to make an Eternal-Beauty-Potion and make millions. Naturally, ebaum is trying to find one to watermark it and put it on his site.
Omg! The animal that put out the city fire was a Penicorn!
- Duh!
penicorn by -Rabies- September 1, 2008
Related Words

penicorn 

A fusion of the words penis and unicorn. Basically, this is a synonym for dickhead. If you see where a unicorn's horn is and picture a "dickhead", you will get it.
My ex is being a real asshole. He is such a penicorn!
penicorn by Stephanie Ling April 27, 2006

Penicorn 

The magical horse with a penis on its head instead of a horn, distant relative of the unicorn.
Guy: I saw a penicorn today. I rubbed its horn three time sbut it didn't give me any magical wishes, but it did give me some magical goo. I used it as a substitute for mayonnaise I made for my parents.
Penicorn by Ready-Liver July 5, 2009

Peenicorn 

A mythological creature, with the body of a horse and horn of a penis.
The Leprechaun wanted to play leap frog with the peenicorn.

Ponicorn 

A Ponicorn is part Pony, part Unicorn. They are rare creatures that only speak in Dolphin with the occasional Monkey sound. Ponicorn's are highly sought after pets as they can grant you 2.75 wishes.

It is a well known fact that Richard Branson, Oprah and Justin Bieber own Ponicorn's, however for obvious reasons they keep them hidden from the public.

If you ever meet a Ponicorn, repeat three portmonteaus in a row and it will give you a gift. Gifts range from small cars, cases of Canadian domestic beer, etc...
I saw a Ponicorn in the forest last night and it gave me this hickey.

I heard Oprah's Ponicorn poo's Christmas TV's!

Justin Bieber's Ponicorn wish was the reason he was in that Brazilian brothel.
Ponicorn by Berns-2013 December 19, 2013

penicorns 

Unicorn that instead of a horn at the top of its head it is a penis.
"Yo' dude, you see that penicorns over thurr."

Charlie the penicorn. (;
Candy Mountain Charlieeeeeeee.
penicorns by Jejamtrissiecishaa. January 12, 2009