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Perfect, in a romantic way! (The best of love panky and hanky panky )
That couple is so cute and panky!
Panky by JessIsMe December 23, 2014

Otay, Panky 

Translated: "Okay, Spanky."

A line from Little Rascals made famous by Gordon Lee, who played Spanky's kid brother, Porky. Lee's signature line, "Otay, Panky," came about because he had a speech impediment and couldn't say his K's and S's.

Currently thr phrase could be used as an affirmative reply when someone tells you something fairly obvious. It's a silly way of saying "okay."
Bob: "Don't walk in the steet because you might get hit by a car."

Fred: "Otay, Panky"
Otay, Panky by Tim in West LA September 8, 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

Sanky Panky 

Male sex worker from the Caribbean. He solicits on beaches and bars.

also: Sanky
Wanda went on vacation to the Dominican Republic and met a Sanky Panky that made her have the time of her life.
Sanky Panky by eitigere July 23, 2010

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.