The panic before a math exam when somebody asks if you need a protractor for the test. Five minutes later everybody is panicing because they do not have a protractor. Eventually somebody realises that nodody needs a protractor and assures people that their panic is unnecessary.
girl1: Wait, do we need a Protractor for this test?
guy1: um, I don't know, I'll ask jason

5 minutes later
The whole class: Shit, i don't have a Protractor. Do you have a spare?!

10 minutes later
Girl2: Guys, this is just protractor panic, relax! We don't need Protractors.
by mathsislame November 19, 2010

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