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Referring to a woman's vagina. If used to refer to a male being a dick wallet it is calling one a homo sexual. Also noted as the storage space for ones dick.
1. Wow i would like to make a deposit in her dick wallet.
2. Dude your a fag you dick wallet.
by Nilsson February 17, 2008
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what you call an old man that goes online and tells people he is his daughter and sends pics of his daughter
(@zasz) jlott do you know who ron traughber is
(jlott) yeah fuck that dickwallet
by rontraughber February 11, 2010
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