noun. Slang for penis, dick, cock, etc., specifically when being fellated.
"Man, he ain't interested in your sister -- he only plays the pink trombone."
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noun. Slang for the penis
verb, transitive. To have intercourse with, to fuck, etc.
n. "Ridin' the pink pony" or "That dude definitely gobbles the pink pony."
v.t. "I'm definitely gonna pink pony that bitch."
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