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Red Panty Night

A night meant for celebrating a special occasion; hence, your wife will wear her red fancy panties to bed you.

This is a term introduced by UFC Featherweight Champion Conor McGregor, who is a large Pay-Per-View draw and, in turn, a large pay day for whomever fights him (win or lose).
"I can make you rich. I change your bum life. You fight me, it's a celebration. When you sign to fight me, it's a celebration. You ring back home, you ring your wife. 'Baby, we've done it. We're rich, baby. Conor McGregor made us rich. Break out the red panties.'" - Connor McGregor

"I just got a raise! Now we can finally afford that Honeymoon in Paris that you've always wanted. It's a red panty night, baby."
Red Panty Night by Tam.Burger April 16, 2016

southern pansy 

“Not just a southern pansy sergeant, THE southern pansy!”

Panty Pleasure 

When a girl tugs her panties between her pussy to create A orgasam.
Craig : So how was you and the wife's date night last night?
Chad : It was rather boring until we got home & found the babysitter Keirsten on the couch caught up in a panty pleasure, I developed a instant chubbie and jized in my pant's!
Craig : Nice!
Panty Pleasure by SlopNChop October 4, 2016
Like how McDonald's is sometimes referred to as Mickey D's, but applied to Panda Express.
Hey bro let's hit up the Pandy E's for authentic Chinese some food. I heard the Beijing beef is fresh from Beijing.
Pandy E's by ShwneZhao October 20, 2022

Beef Steak Pantyhose 

(noun) A Drag Queen's undergarments of sheer, close-fitting legwear, covering the wearer's body from the waist to the feet.
I was at Freddie's Beach Bar for the drag show when this performer fell off the stage and displayed her "beef steak pantyhose" to the entire audience.
Beef Steak Pantyhose by kerb-stirer September 20, 2013

Panty Charmer 

"Panty" (pronounced pan-tee) refers to a woman's underwear. A Panty Charmer is a person who flirts with, and gets along well with women, regardless of whether or not their aim is to get into their panties.

This term is similar to lady-killer, but it is less insidious.
Mike: "Nice panties Jill"
Jill: "You're clearly *not* a panty charmer, Mike"
Jill: *discretely reports Mike to HR*
Panty Charmer by WillyTime January 9, 2022