Comes from the MC Hammer song but is now commonly used for when someone says something annoying and you want to express your anger with someone you know.
It now means to beat someone to death with a hammer. Lovely
Danny: I get £10,000 when i'm 18 so upset I have to wait, damit!

Jonzy: *To Dave* Hammer Time! *With fist action of smashing down Danny with a hammer*

Dave: *To Jonzy* sum1 goes I care or sumthin
by RATM February 28, 2005
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Hammer Time, a minute every day dedicated to awesomeness. The official time of Hammer Time has been set by the internet community to 11:42 AM.
"What time is it?" says Bill
"Umm, 11:42." says person with watch.
"HAMMER TIME!!1!" says teh newfags.
by yourmomshairyvag May 13, 2010
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Topgun: you gonna shotgun that beer or just stand there

Hammer: Im gonna take my clothes off first and then hammer time it
by Hammer April 14, 2005
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When your fucking a girl nice and slow, and then you go
"Alright stop....hammertime" and proceed to fuck her hard
I was getting bored with Carol, so i turned sex into hammer-time
by fem daddy May 31, 2007
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To go broke or bankrupt by making poor life's decisions.
A bum had a piece of cardboard with two words written on it, "Hammer Time"
by NoirZK June 20, 2009
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The act of getting extremely drunk or being extremely drunk.
"I am hammer time" (barfing in the snow)

"Hey! It's my birthday, let's get hammer time."
by kickstand hotrod fingerbang January 16, 2007
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After a hard days work, and you are ready to hit up the bar.

A forty five minute drinking binge, as soon as you get out of work.
Hey Mario its almost hammer time!
ex.2 Its hammer time!
by Jesse and Mario January 13, 2006
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