DreamsMaster: The dream is likely a metaphor for having felt “emasculated” or put down by someone in a demeaning way, left to feel “half the man” that you are, or “cut down to size.” Did something happen recently where you felt your power diminished?
A penis may also symbolically represent performance. From this perspective, it’s possible this dream represents some type of performance anxiety, either literally or metaphorically. Is there a situation occurring in your life where you’re feeling a lack of strength or confidence?
Another angle to consider with this dream is the connection to circumcision, which could lead to an interpretation regarding religion. For example, in religious circles, circumcision represents a commitment or bond. In this context, to dream of a penis cut halfway could symbolize the exaggerated extent of this commitment. If the feeling in the dream is fear or anger, then the dream might be sending the message that the scope of this commitment needs to be reevaluated to determine what boundaries need to be set.
On the other hand, religious or not, the dream could represent a sense of guilt related to sex or sexuality, with the penis cut halfway symbolizing a self-imposed consequence or punishment.
As you can see by the broad array of possible interpretations, the true interpretation of the dream is up to the dreamer. If you haven’t gotten that “Aha!” feeling while reading any off these possible interpretations, then think about what was on your mind when you went to sleep, and it’s likely you’ll easily connect the dots. If it’s still unclear, watch for another clarifying dream from your inner mind in the days ahead.