1. (verb) To grab a male's crotch, usually in an attempt to grab the penis. Can be done for any reason but is usually done out of perversion or immaturity.
2. (verb) To act in a flaming gay manner.
1. Don't you ever penisize me again, that's just gross.
2. Quit penisizing, man, that's not cool.
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When an individual has had someone elses penis rubbed over them, usually unwillingy. Most commonly rubbed on the head
'Hahaha, did you see ashley just got penised by elliot?!' - After Elliot rubbed his penis over ashley's head.
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Posh for knob.
The above is an obscure reference to Harry Enfield or something.
"Penise?" "It's posh for knob."
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Can be used to describe something that is either really good or really bad.
We went on a road trip last weekend; it was penises man!
I hate work. It's PENISES!
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To have a bigger penis than another
Ethan is more peniser than Tyler.
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