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When the penis is half way to an erection, or half way down from an erection.
"Hey, come look at this"
"Hold on, i'm in my boxers and i've got a hofty"
by Craig McRae July 07, 2006
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it's when a penis is semi hard, like half hard, half soft...HOFTY!
(1) "Man I've got a total hofty goin' "
(2) "After sex all i had was a hofty"
by xamplesample January 29, 2008
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