Top Definition
someone sexually desirable but nutty.
sarah silverman is a squirrel blanket.
by edsel macfadden May 27, 2009
3 more definitions
a discarded woolen. a lost scarf or glove.
you've left a squirrel blanket, honey. pick up your mitten!
by quinwithey December 10, 2008
an example of nonfunctional knitting, weaving, or other fabric art
rosie the artist had some squirrel blankets in rachel's show at the gallery for women and their work
by bossa screwanova September 14, 2009
a g string.
I heard Ted Binion's girlfriend (the one who maybe killed him) started out in Vegas designing squirrel blankets.
by Candi Barre September 24, 2009

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