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Butterfly knife 

With just a flick of the wrist, you go from harmless citizen to vicious, knife-weilding warrior. Same stigmas as a swithblade apply; see dangerous, lethal, scary and gangster. Although no more lethal than any other sharp object (see rock, nail and razor for examples), the media has turned it into something it never was.

Technical definition: balisong

Commonly mistaken as: switchblade, illegal
That flashy looking device I opened with one hand was a butterfly knife.
Butterfly knife by James September 12, 2004
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Butterfly Knife 

(noun) A knife blade placed between two loose and rotatable handles. Used to do tricks.

Butterfly Knife 

Also called balisong or batanga. Not to be mixed with butterfly sword. A knife where the handle is in two parts, and the parts can be rotated around so they enclose the knife to hide the blade. With the right technique, very easy and fast to open. Illegal in many countries, because, like switchblades, they're easy to conceal. Baliswords also exist, often over two feet when opened.
I thought that I had a chance in this fistfight, until suddenly he had a butterfly knife in his hand. Luckily i brought my butterfly sword.
Butterfly Knife by Nicohasa October 27, 2008

Butterfly Knife 

A blade with two swinging handles and a latch to hold the other handle closed, some butterfly knife's are used for stunts

They are also commonly referred to as balisongs
Butterfly Knife by FlipplyMan August 27, 2017

Butterfly Knife 

A knife used mostly for tricks and other knife things. Illegal in most countries because you can conceal it easily.
You: Holy Fuckles is that a Butterfly Knife?
Me: Yes.
Butterfly Knife by GameBoyAdvance November 10, 2018

Butterfly knife 

A common misconception is that the Balisong is actually a Butterfly knife, this misconception came from stupid white people going to asia, and coming back with the things.....

A Butterfly Knife is a large, flat shortsword, with a D-Shaped handguard, the Balisong, which is commonly called a butterfly knife, has nothing to do with it.....
Homeboy thought he had a butterfly knife, but when he pulled it out his balisong, I carved him up with these two cleaver lookin' things right here!
Butterfly knife by Taichi May 13, 2005

butterfly knife 

a knife that has no use other than to impress people by risking their fingers
sick butterfly knife bro, can i try it? AAAAAAAAAA MY FINGERSSSS
butterfly knife by The Eyeball17 August 10, 2022