An act of which two mammals (or non-mammals, whatever one prefers) "pan" each other. One may take the word "pan" in anyway, shape, or form that he or she prefers.
Nicole Rose Palmer was peter-panned in Kelcey Fabianski's bed while Taylor Dash and Kaity Olson were sleeping.
by IOWACiTY2010 November 24, 2010
When someone poops themself while wearing tights.
Jim: How was your dance recital last night?
Dave: It was going great until I peter-panned. I should've peter-planned.
by party pickle May 29, 2010

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