1. A greasy penis, whether it be because one masturbated with butter or crisco; or because the hair gel used on one's pubes sweated onto the penis.
2. A penis reserved for thicker women.
1. Whoa Jim! You better put your pants on before I squirt some soap on your greasy bitch bacon. You need to clean that thing up!
2. Suzy, you get your skinny ass off my bitch bacon right now, you know I only like porky polly's!