(pronounced pee-fat) Peace For All Time. The name of a treaty among the world's leaders in the comedy film Mafia that was initiated by President Diane to bring world peace. In the film several known dictators are shown celebrating the treaty such as Saddam Hussein and Fidel Castro as well as Pope John Paul II.
After PFAT was passed there was finally world peace.
by mbenzdabest August 31, 2010
pfat is supposed to be the word phat as in cool except spelled wrong
by alex June 08, 2004