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8.
A lesbian, a woman who engages in homosexual activities, one who admires lesbians, or a heterosexual woman who secrets a glue-like slime.
That homosexual woman is a banana slug. I wonder if she estivates?
by Martin Luther King Jr. January 15, 2008
 
1.
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
 
2.
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
 
3.
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
 
4.
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
 
5.
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
 
6.
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
 
7.
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