The gelatinous goop excreeted from the male penis via the act of masturbation. It not disolve well in water and often turns into small globules affectionatly known as cum-balls.
man.. I was doing the five knuckle shuffle last night, and i totally got palm sauce all over the place!
by b.blaze April 12, 2006
1 more definition
To give someone a high five.
You go up to your friend and say "Hey! Give me some Palmsauce!!" then, give them a high five.
by Jennibatmanfer January 27, 2008