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precisity 

When something is the combination of both so accurate and so precise that you must describe it with the word precisity. The opposite of precisity is when a bottle of vodka is falling off of a fridge top to the point that it’s leaning off a wall.
When measuring a chemical aka vodka, pour 1.5 ounces of liquor into beaker.

Pour directly into mouth without spilling. This is both accuracy and precision aka precisity.
precisity by Rolivia June 8, 2018
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Precision Airstrike 

An alcoholic drink with 1/3rd Kahlua 1/3rd amaretto 1/3 baileys in a shot glass topped with Bacardi 151 and lit on fire.

Penisity 

A relative measure of how much of a dick a person is.
Depending on your preferred news source, Mitt Romney may have higher or lower penisity as compared to Barrack Obama.
Penisity by homebrew dave November 7, 2012

precipitous bowel syndrome 

A condition characterized by an inability to detect the need to poop before the situation reaches crisis proportions
Mike was banned from all theatres in the city of Chicago because he suffered Precipitous Bowel Syndrome and would often interrupt performances by leaping from his seat and rushing to the bathroom. The final straw, however, was the day that, enraptured by the performance, he failed to take note of the warning signs and consequently sullied his seat.

Precarity 

A term noted by author Mark Fisher in his essay 'Time Wars.'

Precarity describes the situation where the formerly stable fixtures of life - work, home life, and the time available to dedicate to such things equally - become more fractured and unstable, leading to an existentially precarious and exhausting way of life.
Bill would love to own his own home, but the precarity involved in balancing his new job, old debt load, healthcare, and relationships means he has neither the time or money to dedicate to home ownership.
Precarity by Parker51 August 17, 2012

precipital fallout 

The surplus water that is left in trees and other overhanging plants after a previous rain shower. Even after the rain itself has stopped falling, the precipital fallout still lingers, much like the radioactive fallout of a nuclear explosion.
Zack: Hey Devin! Why are you soaking wet?

Devin: You know that storm we had yesterday? I was just hit by some precipital fallout when I walked under those trees over there.

Zack: Oh...HA!
precipital fallout by DR192 June 14, 2009

precisely 

A word used by smart peopleing meaning exactly or something like that.
Thats precisely my point, BITCH!
precisely by Mike February 4, 2004