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Honky Ponky 

To fool around, act like a hooligan, or any other actions your father would not like you to do. Usually a term used in the situation of a daughter asking her father for permission to go out, and he warns her not to do anything stupid.
Joanne - "Dad can I go to a friend's house after school to hang out since there's no school Tuesday"
Dad- "Who is going?"
Joanne- "Just the girls and a couple of guys"
Dad- "Okay you can go, I trust you but NO HONKY PONKY"
Honky Ponky by P.N.D. October 18, 2008
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Honky Ponky 

To fool around, act like a hooligan, or any other actions your father would not like you to do. Usually a term used in the situation of a daughter asking her father for permission to go out, and he warns her not to do anything stupid.
Joanne - "Dad can I go to a friend's house after school to hang out since there's no school Tuesday"
Dad- "Who is going?"
Joanne- "Just the girls and a couple of guys"
Dad- "Okay you can go, I trust you but NO HONKY PONKY"
Honky Ponky by PNdelacruz October 20, 2008

hanky panky bullshit 

A term used by parents to describe naughty business, on preferably a couch.
"You and that girl arent doing any of that hanky panky bullshit down there while that door is closed. you hear me son?"

hanky panky 

Anything which can happen between a couple. There is no set definition as to what it may be, but it can be said that it is something that someone who is not part of the couple would not want to be around when it is occurring.
Hey you two! Remember: no hanky panky in the backseat!
hanky panky by Tomothy November 29, 2004

hanky panky time

v, the act of light hearted sex often repeated more than once at a time usually ends with giggles and satisfaction.
i totally just heard somebody having hanky panky time down the hall.

hanky-panky 

verb. could mean anything that happens between a couple like holding hands, kissing, sex, etc.
"There goes Austin and Alana... off to do some hanky-panky..."
hanky-panky by Siege August 7, 2003

hanky panky 

Discreet or surreptitious romantic or sexual activity. See hankey pankey for origins.
There was hanky panky going on under the table during our meeting.
hanky panky by Downstrike June 8, 2004