An academically achieved doctor who specializes in the area of the male genitals. Usually these doctors are private and mainly only work with rich bastards.
Kid: Mum my penis hurts.
Mum: Ok hunny, don't worry I'll call the penistologist!
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Usually a term used by 4 - 10 year olds to describe their underwear. This word is often used by Hipsters because it's incredible ironic and non mainstream. A lot of hipsters are turning to under pants because of their nostalgic feel, it reminds them of their past.
Hipster says: Yo dude check my underpants
Non hipster says: Faggot
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