wedgie

wedgie n. jocularly, a standard bicycle. Etymological Note: So-called because a rider astride a standard bicycle is likely to have a wedgie, where underpants ride up into the crack of the buttocks. (source: Double-Tongued Dictionary)

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Further reading

You Talk Like a Sausage (episode #1592) 

Do you refer to your dog or cat as “somebody”? As in: When you love somebody that much, you don’t mind if they slobber. In other words, is your pet a somebody or a something? Also, for centuries, there was little consistency in the...