It's actually the spot between your eyebrows where you would have a horn, were you a unicorn. Humorous in context because of its suggestive nature, even though its root meaning is quite innocent.
Person 1: I'm actually not that hot in my unicorn area.
Person 2: WTF?!
She was sweating profusely from her unicorn area because it was 100 degrees out.
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A "unicorn moment" is when somebody gets off the subject of a conversation, or when one gets "side tracked" from a task without realizing it.
EG1: person "A & B" conversation.
A:"We went to this show and it was cool, the bands were great."
B:"Who was playing?"
A:"Some local bands"
B:"When is the package supposed to arrive in the mail?"
A:"that was a total unicorn moment"
EG2: Person "A" intended on mowing the yard. "A" starts mowing the yard then stops to water the flower garden and completely forgets to finish mowing the yard.
EG3: Person "A" goes online to check bank account and logs into a social network site and forgets to check bank account.
EG4: "I don't have ADD, hey look a unicorn!"
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A "practical joke" or show of bromantic affection where a guy jumps on the back of an unsuspecting guy and grabs that guy's genitals/penis (i.e. the unicorn's horn).
"Wow, I was just in the lobby and saw a drunk guy jump on another dude's back and grab his junk! He unicorn ambushed him in front of everyone!"
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Hot gamer/nerdy girls; As rare as unicorns.
... Think Felicia Day! She's 100% team unicorn.
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A woman with an extremely large eretion tucked away in her panties, or another name for a he-she, sheman, hersher, hershey?
A unpleasant experience for a "straight" male.
Guy 1:Dude...that chick was so hot last night.
Guy 2: Bro..she totally had unicorn panties.
Guy 1: They were red.
Guy 2: Red with a horn...
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Just another thing to call masturbation. I guess there are just never enough ways to say it.
Larry's daughter was upset when he said he wanted to asphyxiate the unicorn, as she loved unicorns. She was more upset when she realized what he meant, and he started doing it front of her while playing xbox.
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Public urination with a "full erection"
Barry was really horny. He performed a Golden Unicorn in the mall fountain.
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