(Noun)-(Pan tee wayst)One who's manlihood is in question. A Sally. A bitch. Of military origin.
Soldier 1:"Hey lets go find some whores!"
Soldier 2: "No thanks my feet hurt, I just want some chow and a bubble bath."
Soldier 1: "You fucking panty waist!"
A popular fashion statement in thugs, skater punks and ,in general, people who can not afford belts.
What most of these stylisticly challanged people do not know is that pants below the waist means something entirly different in prison.
If you wear pants below the waist in state pen, its an invatation.