look up any word, like darude - sandstorm:
 
1.
n; A favored lubricant I.E. KY Jelly
My personal favorite jerk butter would be crisco with sand.
by Kitrick November 16, 2009
 
2.
New slang insult, holding subtle references to masturbation ,originated in the midwestern United States during the early 21st century. The prase is most commonly used by young men aged 13-17.
"Jeez man, you're such a wad of jerk butter!!"
by "Ms. Margarine" May 26, 2004