The act of receiving pancakes as payment for sexual favors instead of cash.

Most common and preferred pancakes come from the International House of Pancakes (IHOP)
Man: "Hey sexy, I'll give you $20 if you give me a bj"

Women: "I don't want your money, I'm a pancake prostitute take me to IHOP for a short stack and you've got yourself a deal."
by trialsbyfire September 10, 2011
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