Well is it "waste" or "waist"???
More often than not, I've seen it written "panty waist" but what the hell does that mean? "Panty *waste*" makes more sense for defining a sissy since it implies that what little manhood he's got in his panties is a *waste*.
either way, PW = sissy
by Mertivsvyna August 15, 2005
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The participation in, and following the instructions of, the "Pretty Panty Exchange" chain letter scam.
Sending anything to the names listed on this chain letter would be a "panty waste".
by Jason Smith December 14, 2003
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