Do not listen to the lies one of the other commenters told you. yes, angus and malcolm young were in a band called the velvet underground, but it had no relation to the 60's punk band of the same name. though they are damn awesome
The Velvet Underground was endorsed by Andy Warhol
by sam December 10, 2004
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The Most kickass band ever, influenced thousands of musicians and just were awesome.
"The first Velvet Underground album only sold 10,000 copies, but everyone who bought it formed a band."-Peter Buck
by Rockerz101 January 3, 2012
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1) Great band.

2) Contrary to popular belief (as helped by Brian from Family Guy), the term "velvet underground" does not necessarily mean "vagina." In fact, it may come to a shock to most people that it is slang for the subculture of sadomasochism. That's right, the whole time you've been listening to the band you've actually been subconsciously supporting an underground S&M club.
Lou: Dude, are you into Velvet Underground?
Reed: Dude, since when have you been a sadomasochist? *Pushes Lou away, not wanting to get involved with whips and chains*
by aardvarksaysgo December 14, 2010
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a slang term for vagina, popular in the 70's among metrosexual clubbers
'Can I wham my oingo boingo into your velvet underground?'
by b^a&t*e@m!a%n May 7, 2009
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A vagina. In the family guy episode, where peter goes back in time with the help of death, and ruins his relationship with lois, brian asks lois if he can "ram his oingo boingo, into her velvet underground" referring to her vagina. Also, a kickass band.
Brian: lois, can I ram my oingo boingo, into your velvet underground?
Lois: I love velvet underground.
by curfry January 11, 2010
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