A woman's vaginal cavity, or at least what it should be. A play on words derived from the word "Pink," which a woman's clam is often referred to as, and the word "Panther" which is also an animal in the cat family, which is a play on the word pussy, which means both a cat and a vagina.
Jon said "Man that chick's Pink Panther was must of been infected or something, because I'm pretty sure that that cat shouldn't be oozing puss."
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