1 definition by odearwtfisthatlol

Top Definition
verb
In Call of Duty where you go to shoot someone and in your excitement press too hard on the control stick and melee helplessly whilst your opponent guns you down.
"I would have totally just owned you if I didn't panic knife!"

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"You were one away from a killsteak man what happened??"

"I panic knifed..."
by odearwtfisthatlol January 24, 2010

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