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/Sounds like "PEE" (as in "pea") + "hoh" (as in "hope") + "DEHL" (as in "debt") + "NEE" (as in "knee") + "nee" (as in "knee")/

Meaning

In Spain, a wealthy young person who neither studies nor works but lives comfortably off family money. It combines "pijo" (rich, preppy) with "nini" (neither studies nor works): the luxury version of a NEET. No job, no classes, no urgency, and no real shame about any of it.

Examples

He's a pampered do-nothing, drives a new car and has never set foot in an office.

That neighborhood is full of rich kids living off their parents' income.

Word family
Regional synonyms

Someone in the closet, hiding their sexual orientation and living a double life in the Caribbean. Tapao literally means 'covered' and captures that secret-keeping weight. In the Dominican Republic, Puerto Rico, and Cuba, it often refers specifically to a gay man who isn't out.