A slang term for butthole. Usually used in the context of a girl who has a tight ass but can also be used as a greeting or an insult.
1. Did you see the one eyed pecker wrecker on that bitch that just walked by?
2. Whats going on you one eyed pecker wrecker you want to go grab a beer after work today?
3. Say another word you fucking one eyed pecker wrecker and i will knock your teeth out!