(verb) to "Party & Play". Term seems to originate from Craigslist and/or other personal ads where the poster of the ad is in search of someone to Party (Do drugs. Usually Crystal Meth.) and Play (Engage in sex acts or intercourse.) with, just for the day/night. This term seems to be most prevalent among homosexual men.
Hung White Man, 35, ISO young Vin Diesel look-alike for P&P, you host. I'll bring the D!