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1. A device used to make folk music. An example of this is dueling banjos, the banjo song that doesn't utterly suck.

2. Specifically a video game bear with a noisy bird in his backpack.
1. I reckon I'm a gonna play this here banjer an' bang mah sistar all day 'n night huh yuck!

2. Wow. I just played banjo kazooie. It sure is a lot like Mario 64.
Banjo by Poor boy from a poor family December 14, 2003
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One of two protagonists from the Banjo-Kazooie series (the other being Kazooie, obviously). Banjo is a brown honey bear with yellow shorts and a sharktooth necklace. He wears a blue backpack in which his best friend, Kazooie the bird, resides. Though not as sharp-witted as his feathered friend, Banjo is much kinder than Kazooie (who tends to be rude), and is always eager to help others. Banjo and Kazooie work together to collect Jiggies and thwart the evil plans of the witch Gruntilda. Banjo's catchphrase is "Guh-HUH!". He has a little sister named Tooty that he and Kazooie had to rescue in the first game.
Have no fear, Banjo is here!
Banjo by AreYouAFool September 11, 2009
A ladies 'private' parts.
Often discreetly hidden by a g -string.
Daisy looks happy, she's been playing with her banjo.
banjo by doc scotland September 23, 2006
Bust A Nut Jacking Off. A way to console yourself after a night of failing to get sex, or a good way to keep yourself out of trouble.
I struck out last night, looks like I'm going home to strum the ol' BANJO.

Why pay for sex when you could could solo BANJO?
BANJO by AssGuzzler1985 May 28, 2016
Yo banjo stop chirping
Banjo by Banjothebird July 1, 2019
to banjo - to drink excessively, to behave in a manner geared solely for the consumption of alcohol and commitment to shenanigans. noun - a banjo, a particularly drunken night out, with many inebriated occurences. adjective - banjoed - wasted on drink, or the victim of a banjo related shenanigan
Jimmy Boy, we're having a dirty banjo tonight, no questions asked!
Last night's banjo was so extreme, I woke up with a car aerial up my arse.
Brucey's been playing the banjo for too long now, he's talking shit!
I've only had two pints, I shouldn't be banjoed, but I fucking am.
banjo by Canny Boy April 17, 2006
The boy thought he was playing a real guitar, but really it was only a banjo.. poor sad little boy.
banjo by martin May 27, 2003