An uncircumcised cock. So named because the penis can be retracted back into the foreskin much like lipstick being retracted into the tube. Can also refer to a dick that has lipstick stain on it.
by wolfbait51 April 19, 2011
A lipstick-Dick is a she male, or a cuckold or wimpy husband whose dick is either to small, or just for show, (to use to pee with).
by oralb69 July 25, 2008