Peggee

Nickname for a guy who likes to get fucked in the ass with a strap-on.

A: Look, it's Peggee.
B: Peggee? Who is Peggee?
A: The person my wife left me for.
B: Your wife is Bi?
A: No! After 24 years of marriage, she decided she wanted to be a Dominant. When I told her I wasn't into that, she left me for Gavin a.k.a. Peggee.

B: Ooooooh Peggee. Gotchya.