1. A delicious blend of peanut butter and fudge.
2. A type of bestiality, done by spreading peanut butter/fudge around one's vagina and having their dog "finish" it. :)
3. A form of oral sex done between two women with lots o' fudge. :)
1."Hey what kind of sandwich are you making?"
"A peanut butter fudge sandwich!!"
2."Hey did you hear about Lida?"
"Oh yeah she totally peanut butter fudged all weekend!"
It is said of the situation where a person has the bad luck to make contact with his testicles against an undefined surface or object, intentioned or not.
Given the nature of the word, it is more appropriate to design cases where the interaction is made with a moving object, for example, a ball.
Although it is extremely painful for the victim, it tends to be considerably funny to people who witness it.
Today in the baseball game the pitcher took a nutshot; the baseball hit him in the nuts.
Man, I just watched the funniest nutshot video ever.