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wrinkly (adj.)

early 15c. (in reference to the penis), from wrinkle (n.) + -y (2). As teen slang noun for "old person," from 1972 ("old" being relative; a British reference from 1982 applies it to people in their 40s).

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Definitions of wrinkly from WordNet

wrinkly (adj.)
marked by wrinkles;
Synonyms: wrinkled
From wordnet.princeton.edu