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
Get the dick wallet mug.
pussy, vagina, snatch, twat, cunt, stinky peach fish, you know that gash between her thighs/ where you wish you were...
I was fuckin him so hard my pink dick wallet was almost ripped in half.
by recklessahoy August 2, 2006
Get the pink dick wallet mug.