A word used in brony/clopper culture to describe a pony anus. It is a combination of "pony" and "dounut."
"I saw her presenting herself to me, and then, without hesitation, I took a big sniff of her ponut."
"My tongue gently grazed her ponut, and she made a gentle squeal of delight."
"The dirty little mare forced her sweet pony ass on my face. I couldn't help but give in and flick her ponut with my tongue."
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Cockney rhyming slang for yid, an offensive name for a Jew. In cockney rhyming slang, you only say the first part, while the second is implied. Saying cotton removes the taboo of calling someone a yid, and lessens the blow. See also four by two
"Are you a bloody cotton?!"
"So I go there, and the damn room is filled with cotton and skids."
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