Top Definition
A piece of equipment used to steal a hot girl's underwear. The aforementioned item allows raiders to quickly access targets with upper-level rooms. Most common attributes of regulation panty ladders:

- 1 to 2 stories tall
- Wooden
- Carried by 2 or more raiders
Bender: Ok, but I'll need 10 kegs of beer, a continuous tape of Louis-Louis, and a regulation two-story Panty Raid Ladder.
by Gu3ss June 27, 2011
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