hairy banjo 

a very hairy pussy (not a cat). unshaven lady bit.

Bum tit tit, bum tit tit, play your hairy banjo.
Shave that hairy banjo you slag.

hairy banjo by SCOTTISH SCOTT August 24, 2006

Play the hairy banjo

Basically having a wank, jerk, or male masturbation.

Your erect penis represents the banjo "shaft" and the hairs represent the strings. Your ball-bag/nuts/scrotum representing the resonant body of the banjo.

Play away and try not to get too carried away or else you might.... Ooops.... Sorry... I've just cum.

To quote the words of a famous song:

"Bum-titty-titty, bum-titty-titty, play the hairy banjo !"

Play the hairy banjo by Losso of the shire August 23, 2011