the kickass feeling of getting blown and rimmed by two people at the same time.

Velvet - the hair rimming the anus
Elvis - hedonist, wants it all at once, I mean the man died on the toilet
because of it.

"I almost lost it--one on my cock and the other licking my ass--it was a Velvet Elvis."
by Brooklyn Rake March 27, 2007
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When a homeless person stabs you and makes love to the flesh wound.
Dude! Craig got slippin down that alleyway and caught a velvet elvis
by etmydyk June 18, 2018
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A peanut-butter and banana grilled sandwich. The preparation is similar to that of grilled cheese, in that the pan is greased and two slices of bread are grilled in butter, with both sides containing peanut butter and sliced bananas. Sometimes called a velvis.
Dude, I just ate a velvis, it was mad tasty.

Dude, I just ate a velvet elvis and broke out in hives. Guess I can't eat peanut butter anymore.
by Velvis April 26, 2011
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It's when you get a blow job by an old lady that takes her dentures out while you're dressed as Elvis
Bro, I rocked that elvis impersionation at the senior center so good that I got a velvet elvis!
by tko23 December 14, 2011
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A conte crayon or chalk drawing using white conte/chalk in a way that makes the drawing look too "slick," often as a result of using too much of the white.

This term was coined by Sandy C., a life Drawing Proff. at Tulane University.
I was just going to add a few white highlights, but I got carried away and my drawing turned into a velvet elvis.
by Hannah March Campbell April 5, 2006
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anything old and exceeding tacky, yet somehow still compelling and cool. Originally, a painting of "The King" done on black velvet using da-glo paint. Any preNAFTA kitsch sourced from Tijuana street vendors.
Dude: "Wow! That plaster pink flamingo is bitchin'! I want it!"
Bernie: "Yeah, that's a 'black velvet elvis' if I've ever seen one!"
by Herr Doktor Grauwolf January 24, 2009
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