Wiktionary
n. 1 (context euphemistic English) The word (term: piss), (term: penis), (term: pussy), (term: prick) or (term: Paki). 2 (context phonology English) prosodic word, phonological word.
Usage examples of "p-word".
I'm sorry you don't like the way I sound so precise, but my crystal memory has every P-word I ever plumbed, which is to say I can give you exact to the third decimal percentages on when I hit it right on the first try after meeting the subject, and how many times I hit it right on the first try just from his curriculum vitae, and right now if I don't meet him and I go on just what I've got here you have a 48.
Actually it's usually more like three times out of ten, but that's still a lot better odds than having a computer spend a year trying to push out fifteen characters to make just the right P-word, specially since after the third wrong try they string your phone number, freeze the target files, and call the dongs.