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When you lose a boner in an awkward situation, then it rises in your pants again, randomly, like a phoenix.
"I thought i avoided that boner during my speech, but I got a penix during the last part."
Penix by The Rise of the Penix April 18, 2010
A surname (last name). In the United States there are two families named Penix and there is some speculation that the two may actually be a single family. The strongest argument against that is the fact that there are two distinct races represented. Microsoft will suspend an Xbox Live gamertag with the name Penix in it as 'inappropriate', although they are happy to charge credit cards which bear the same name.
Scandalized Teacher During Roll Call First Day of School: "I'm sorry, how do you pronounce your last name?"

Unimpressed Student Who Has Dealt With This Crap Their Entire Life: "Penix. Like penis, but with a hard 'X' at the end."
Penix by missipenix September 16, 2017
An operating system, such at unix...but different.
penix 2.5
penix by louis October 16, 2001

panixcitement 

Equal mix of panic and excitement
The movie was full of suspense, but I pretended to be composed throughout the panixcitement...
panixcitement by Sabbreenah December 18, 2010
Ppnits is a TikTok entertainer, she has a cat Niki. Ppnits shares a variety of video of her cat Niki, ppnits also does edits and comedy videos.
Person 1 : are you mutuals with ppnits?
Person 2: yes, they are my swag mutual.
ppnits by Vxfdes September 5, 2021
for now and ever to be used as the plural for penis.
i was watching a midget bukkake video and i saw that bitch get poked in the face by at least ten penix
penix by mcgruff October 13, 2004