When you have anal sex and afterwards your ass leaks out the left over cum. Then the cum and the leftover poop mixes together. Eventually you wipe the ass off with whatever is around,(sometimes your own hand) leaving you with a "poonukkle"
This guy was banging me in the ass last night, and the poonukkle afterwards smelt like fried cheese.
When a women takes a shit accidentally in her pants and it moves from the back to her vagina and is visible through her pants much like a normalcamel toe.
Wow did you catch a peak of that women's poosnuckle, you could smell it and see it
Nickname given to bales of marijuana thrown overboard or out of airplanes. Origin is reportedly from members of the US Coast Guard in the area of Southern Florida.