To smother chunky peanutbutter all over your dick and get head from a local ho and cum in her mouth. and BAM hit her in the head...theres your peanutbutter dragon
knifeing your ally in Call of Duty 4 while yelling peanut butter face so it looks like your wiping peanutbutter on his face with a butter knife; also used as an insult or for no reason at all; used as a filler word