A male who is really enjoys being pegged.

a homosexual or bisexual man who is into being with married or committed male couples or partners.

A gay unicorn 🦄 in swinging communities.

The name of a woman when she is pegging her boyfriend with a strap on

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.

Rule L of Pegasus is we do not speak of Pegasus

A magical flying horse. Usually found in shades of pink or purple. Used to transport people to destinations or up and down stairs. They are Irish and have a diet consisting of beer, irish whiskey, potatoes, corned beef, and cabage.

NOT TEQUILA!

They must be hydrated. All the time.

Some stupid ass horse that's also a bird