Similar to butterface, a chick with a hot body and face, but a stinky or ugly pussy.
She was a slammin hottie, but when I slipped off her panties she had a buttersnatch. It was a jungle meat locker down there.
1. When a female produces vaginal fluids flavored like butterscotch schnapps.
2. When a female is good looking but tends to be a whore.
1. Hopefully I can get some tasty buttersnatch tonight.
2. She's a butternatch. Everything's good buttersnatch.