pink torpedo:

Or: pink-cadilac / pink-oboe / pink torpedo , the penis . Recently coined in the 1990s. See penis for synonyms.

QUOTE: Detective Wes Luger (Samuel L. Jackson) to his partner Jack Colt (Emilio Estevez) in National Lampoon's Loaded Weapon 1 (1993): 'You parked the pink cadillac? '

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