A combination of a banana (an Asian who is yellow on the outside and white on the inside) and a slut. Banana slugs are Asian girls who try too hard to prove that they aren't a school-girl stereotype, thus confusing being white with being promiscuous. In addition to their hooched up outfits, they often have a combination of badly dyed yellow-brown hair, fake eyelashes, dark tans, and pretend to speak no language but English.
"Did you hook-up with that hot Asian from the bar?"
"Yeah, it was easy, turned out she was a banana slug who wants to prove herself and punish her daddy at the same time."
by bananaslugger December 07, 2011

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Top Definition
Official mascot of University of California, Santa Cruz.
Q:What's the mascot of UC Santa Cruz?
A: It's a banana slug!
by li0n12 April 27, 2009

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Older transsexual person.

The equivalent to "cougar" for a she-male.
Banana Slug's have TWICE the experience cougars do, since they can practice on them self.
by psychognosis July 28, 2010

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cool little yellow slugs that can meditate on sweatshirts.
DUDE!!! She has a banana slug sweatshirt. It's like so totally meditating. I must have one now!!! *steals*
by colorguardhobbit October 09, 2004

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The act of taking one's flacid penis, putting(or slapping) it on another's face, and getting an erection. A form of foreplay.
The way he banana slugged her in that video was disgusting.
by Anonymous2744 March 03, 2011

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A wet, flaccid penis, usually after it's been freshly removed from a vagina, mouth, or rectum; thus resembling a slimy little slug. Can be the cause or consequence of ending sex.
(May also be used in verb form - see below)
Example 1:
To everyone's horror, Chris walked out of the bedroom naked with a satisfied expression and an exposed banana slug.

Example 2:
"I wouldn't have stopped pounding her yet, but my drunk was wearing off and I was pretty much banana slugging it by that point."
by bslug February 03, 2010

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wow. how embarrassing. I misspelled secretes. my bad.
A banana slug SECRETED her glue-like slime onto a leaf while we were walking through the forest. Then we estivated together in a log.
by Martin Luther King Jr. January 18, 2008

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