Weenus (or weenis or wenis) is a slang word for the excess or loose skin at the joint of one's elbow, which is technically referred to as olecranal skin. Olecranal is an adjective used in medicine that means "of, belonging to, or relating to the olecranon." The olecranon is the process of the ulna (one of the bones in the forearm) projecting behind the elbow joint.

Being a slang term most often used in social media, it is difficult to determine exactly when weenus was first used or how it developed. However, online evidence does suggest that it was probably coined in the late 20th century, and by the early 21st century, the word gained widespread circulation.

Etymologically, it seems likely weenus is a play on the medical term penis and its slang variant wiener. The "u" spelling may have been influenced by a 1995 episode of the popular television comedy Friends during which the character Chandler Bing has to explain that the humorous-sounding acronym WENUS represents "Weekly Estimated Net Usage Systems."

More Info: www.merriam-webster.com