areolie
A disappointing nipple.
Dude! His nipple was a lie. It had no areola at all. It was an areolie.
Peek-a-boo areoli
When a large woman wears a midriff shirt and her boobies hang low enough for areola tips to show.
John almost fainted when his co-worker leaned back and he saw her peek-a-boo areoli.