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1.
An extremely fluffy bush. Resembles a "fancy hampster", but a dark color and tendancy to catch or trap lint or other foreign objects. A dead ringer for a wild panda munching on bamboo.
I hooked up last night with a badass girl! Really? Did she have a landing strip, Dorito, or a fancy panda?
by Sweet Al Jones February 11, 2006
 
2.
The word fancypanda was derived from 2 words fancy and panda to create a catchy online name for fancy dress online company.
fancypanda fancy dress
by takir January 18, 2013