Top Definition
1. Punchline phrase to the children's song and/or finger play that goes:

A peanut sat on a railroad track,
His heart was all a-flutter.
Round the bend came Number 10,
Toot! Toot! Peanut Buttter!

2. Synonomous with "His ass got hammered!".
Football Announcer: Here's the handoff and OOOOH!!! WHAT A HIT!! That's GOTTA hurt!
Viewer at Home: DAYEM! Check out da replay yo! Urlacher's like toot toot peanut butter. That's how we hit in Chicago son.
by JRPinCT May 02, 2007

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An interjection used to request the forgiveness of another whom you have or soon will inconvenience. (a.k.a. Excuse Me, Pardon Me)
Sally said, "Toot toot Peanut Butter" requesting Sue to step asside as she passed through the narrow hallway.
by BS August 10, 2004

The Urban Dictionary Mug

Lotsa space for your liquids.

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The Urban Dictionary Mug

Lotsa space for your liquids.

Buy the mug

The Urban Dictionary Mug

Your favorite word on a white mug.

Create a mug

The Urban Dictionary Mug

One side has the word, one side has the definition. Microwave and dishwasher safe. Lotsa space for your liquids.

Buy the mug

The Urban Dictionary T-Shirt

Soft and offensive. Just like you.

Buy the t-shirt

The Urban Dictionary T-Shirt

Smooth, soft, slim fit American Apparel shirt. Custom printed. 100% fine jersey cotton, except for heather grey (90% cotton).

Buy the t-shirt