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From Greek Mythology, it is a horse that has wings made from the blood of Medusa. The symbol of high-flying imagination. Some say he stroked the ground with his foot and caused the fountain Hippocrene to flow from Mount Helicon.
A winged horse is a pegasus.
by Red Dog August 12, 2005
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Ambiguously gay villain of the show YU-GI-OH. He created duel monsters after going to Egypt when his wife died. Out to take people's souls from their bodies in the first season, and ends up taking Grandpa's, Mokuba's, and Seto Kaiba's souls. Yugi/Yami eventually defeats him ,like always, and he begins to help out instead of hurt.
"Pegasus acts so gay towards Kaiba in the YU-GI-OH movie!"
by ChelseaUnicorn August 22, 2008
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A male mammal that receives gifts for showing its genitals to females.
Pegasus got beads for exhibiting his lower half.
by U of D September 14, 2005
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The name of a woman when she is pegging her boyfriend with a strap on
'How was Jamal last night?'
'Girl, he was amazing. I was the Pegasus of his booty all night long'
by Tommyterror August 18, 2017
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one might call another 'pegasus' when he/she's hogging the hookah, blunt, black & mild etc.

commonly used in a circle of friends, not to be confused with flamboyantly homosexual horses.
hey pegasus, you uh, wanna pass me that hose or am i gonna have to scalp you for it?
by milkautopsy October 15, 2009
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