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A slang term used by a group of teenagers, representing the process of intercourse. The "P" representing "pussy" another slang term for the vagina. P-time simply means the act of a man(or in odd situations a woman whom happens to have a penis) placing their penis in the vagina, for the age old act of sexual intercourse.
"May i interest you in P-time?"

"I would very much enjoy some P-time right now"

"Yo man....did you?....P-time???"
P-time by mofuka January 6, 2005
This is what happens after a Teaching Assistant has decided it just doesn't matter anymore. At this point he or she makes his or her way to the board, exclaims "It's Pee Time" and just unloads.
Student 1: Why does Alosius look all damp?
Student 2: It was P Time in Criminology today.
P Time by Dink22 March 2, 2007

Professional Time Waster..P.T.W. 

A person who is very skilled,at NOT doing, their assigned job. This person usually, doesn't get noticed,or caught.
Start watching that, Professional Time Waster..P.T.W. looks busy (typing). However,THE PRODUCTIVITY IN THIS OFFICE, IS RAPIDLY DECLINING!!

P.T.D.S ( part time dad syndrome)

Is a guy who only wants to take care of his baby on his time. This douche also is lazy and sleeps till one in the afternoon. If by some chance he can't wiggle his slimy ass out of having to watch his kid. He'll let the child do whatever as long as they leave him the hell alone. Or he'll forget simple shit like diapers and formula. There is know known treatment for this syndrome at this time.
P.T.D.S ( part time dad syndrome) is when your baby daddy forgets to pick the baby up from daycare.

E.P.T. (Estimated Poop Time) 

The time you have until you need to get to the crapper.
My E.P.T. (Estimated Poop Time) is about 5 minutes. Get this car moving.
A phrase you say when you are about to go take a piss for the like the 50th time in 10 minutes. (Say it in a high pitched voice)
"PP time!" "Not again!"
PP time by zh80074 October 2, 2019
Its time to take off the pampers and put on your pull ups like big boys, because its time for pp's.
I can't wait to have pp time later tonight.
pp time by g1ngerbrenda April 28, 2019