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acronym for Platnium Status Player
Since I am a P.S.P, I have no time to sleep!
P.S.P by Cory K September 3, 2007
Stands for Pretty Small Penis. Sometimes used by elementary school boys to mock their friends, who think that they are referring to the PlayStation Portable and thus results in a hilarious conversation.
"Hey man, were you playing with your P.S.P. last night?"

"Yeah! I got the new model! It's even smaller than the original!"

"*snickers* Good for you..."
P.S.P. by alexis a. March 31, 2008
short for..PORN STAR PENIS. A large dick. Typically larger than normal. as typically only found in pornos. Big enough to make her mumble OMG ITS SOOOO BIG under her breath.
oh babe im such a dirty whore why dont you bust out your P.S.P. and bend me over like the trashy slut i am.
P.S.P. by Ferretnparrot January 23, 2006

(P.S.S) Piss Shit Stalemate 

An extremely annoying situation in which on attempts to urinate standing up but is unable to due to the inevitable urge to Shit and since this is impossible due to the current position of the urinator one reaches a P.S.S
Fred: Hey man what took ya so long in the piss pot?
Gary: Sorry dude got the case of (P.S.S) Piss Shit Stalemate..
Fred: oh...