1 definition by Dan Kirkwood

a selected treasure that is taken after sex as a symbol of how much of a man you are. Collections of aforementioned 'pannies' symbolizes the ranking of your "playa" status. Must be shown off and bragged about to ensure acknowledgement of the fact that you scored with your friend's mom.
The smell of these pannies are fucking incredible!
My collection of pannies is bigger than yours.
by Dan Kirkwood July 16, 2003
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