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27.
To engage in imaginative, humourous, and enjoyable conversation with friends, potential ex-wives, and females.
"seriously, lets get some bitches" "that blonde piece looks up for some banter"

"Darren, your banter is appaling"

"When Chris drops his banter, the women turn to shit"

Good banter: "what do you do for a living? I work on big brother, want to go to the wrap party?"

Bad banter: "do you have a boyfriend?"
by Kronenburg May 24, 2006
 
1.
Supple term used to describe activities or chat that is playful, intelligent and original. Banter is something you either posses or lack, there is no middle ground. It is also something inherently English, stemming as it does from traditional hi-jinks and tomfoolery of British yesteryear.
"You, sir, are drunk"

"Maybe so but you are ugly and I will be sober in the morning"

"Good banter sir"
by Zach_banter February 16, 2006
 
2.
Conversation that is witty and at the same time abusive. Formerly an "in" word, but no longer cool due to it being used excessively by children.
Parent: So what did you do at school today Timmy?

Child: BANTER LOL

Parent: Shut up
by DO NOTWANT September 19, 2010
 
3.
A word used to describe the teasing and pisstaking which occurs between mates, usually harmless.

However, the past couple of years the word has been hijacked by Justin Bieber lookalike student "LAD" twats who use it to describe anything humorous that occurs. These people are also known as chino wankers, annoying morons and people who need to use a dictionary now and again.
What banter is:

"You alright Mike? You seem miles away, you're not busy thinking of Tanya are you? Don't even lie, you proper fancy her, you div!"

What banter isn't:

"LOL LAST NIGHT DAVE WALKED INTO A LAMPPOST! EPIC BANTER LOL! WHAT A LAD!"
by chinosareugly March 15, 2013
 
4.
replacing the first letter of banter with the first or second letter(s) from the type of banter it is.
Types of b-anter:

fanter = football banter
santer = sexual banter
shanter = shit banter
ranter = racial banter
ganter = gay banter
hanter = holiday banter

the list is endless
by balls_deep_10 November 24, 2010
 
5.
A word used to cover up what would usually be classed as completely inappropriate behaviour, usually ends in on of the parties being irritated beyond comparison.
Boy: Go fuck yourself, I hope you die in a hole.
Girl: Hey!
Boy: Calm down, it's just banter.
by Noremac Giarc Nalla July 10, 2011
 
6.
The new word for bullying
"oh its just abit of banter"
by MissImmie February 17, 2012
 
7.
Verbal sparring that's fundamentally friendly, especially needed to deflate the egos of gloating friends
A banterous initiation to said friend:

"I wonder if your ass gets jealous of all the shit coming out of your mouth"
by bobzilla November 01, 2012