Top Definition
A Lubrication of sorts, which one uses to moisten a women's vagina.
Dave: "What you got in your bag pete?"

Pete: "Its some fanny butter for the wife."
by Nicky Luke Love April 16, 2008
1 more definition
the placental residue of a woman's vagina. very chunky
for breakfast i had Matt's fanny butter on toast
by Muff_Diver October 02, 2003

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