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1.
To rub a naked butt on another person. Best case is on exposed skin like an arm or bald head.
He dropped his pants, snuck up behind his room-mate who was sleeping on the couch and butt waxed his bald head.
by Ballzer February 16, 2006
16 5
 
2.
The waxy sebaceous substance that forms on and around one's buttocks.
Mr. Jones, this sample cream will resolve your buttwax problem.
by Myron Mulch July 12, 2006
10 1