A penguin, usually a baby, which is very cute.
Awww, isn't that pengy so cute!
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someone who is pigeon-toed or waddles like a penguin
what a pengy
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a bent or curved penis
bob: I walked in on my cousin taking a piss! found out hes got a pengis.
john: Thats deep dude
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I was walkin down the road and found a penguin i was curious and took a look at his pengis
A pet name for someone very near and dear to you. Referring to the Pon & Zi comic where pon asks zi to be his penguin because they stay together for life.
"I love you Pengy." or "No thanks, I've already found my pengy."
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LOOK AT THOSE PENGYS! They're so cute cute cute.
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