Similar to occupied but specifically referring to one's (or another"s) penis. Can also include instances in which one is made busy by any action with intent to use one's penis
Example 1
Phil: "Hey, where's Rob? I thought he said he be here tonight."
Jerry: "Yeah, he did. But he met a cute girl at the bar and wouldn't leave."
Phil: "That Rob, he's always cockupied..."
Example 2
Jack (waiting in line for the bathroom after a long night at the bar with a friend): "Hey man, you still cockupied in there or can I take a leak??"
Example 3
The urologist had a long day at work after being consistently cockupied for 8 straight hours.
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When a woman is obsessed with male genetalia. The female equivilant of "pussy whipped".
Her boyfriend must be hung, 'cause she's obviously cockupied.
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