look up any word, like blumpkin:
 
1.
A "V" Party is another term for a pot party.
Remember the 60's? Flashing the peace sign?
The Peace Symbol, the everlasting "V".
"V" stands for peace, or passing a peace pipe.
We're gonna just chill, pass a few joints, and have a "V" party.
by Gandhilight December 15, 2010