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triple decker peanut butter and jelly sandwich 

The most heinous sexual act. So terrible that your friends can never speak to the girl you gave it to ever again. In addition, they are not allowed to be friends with you for a month. At the end of that month you'll still think it was worth it.
Where's Jim been?
I don't know, I can't be friends with him until August since he gave Jane a triple decker peanut butter and jelly sandwich.
Oh my god! That's awful.
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The Peanut Butter has been spread 

A phrase used by a complete moron in a position of power noting that something has happened and is irreversible. Also that the consequences are inevitable.
During a recent conference call announcing layoffs, Vanessa noted that "the Peanut Butter has been spread". Guess she couldnt think of anything smarter to say. I wonder how she ever got her job.

toot toot peanut butter

An interjection used to request the forgiveness of another whom you have or soon will inconvenience. (a.k.a. Excuse Me, Pardon Me)
Sally said, "Toot toot Peanut Butter" requesting Sue to step asside as she passed through the narrow hallway.
toot toot peanut butter by BS August 10, 2004

Bubba Peanut 

1. The freakin' best band in Richmond.
Bubba Peanut by Anonymous February 11, 2003

circus peanut 

someone who is new at something...such as video games, used as a replacer/enhancer of the word noob...
"that circus peanut needs to learn how to fly before he goes against the ArA nation"
circus peanut by =ArA=Venom October 10, 2008

reese peanut butter cup 

When someone smears peanut-butter on someone's butt crack, preform anal sex and then have the other person suck there penis.
wow some chick totally reese peanut butter cuped me yesterday!!!
reese peanut butter cup by Alec :) October 14, 2008

The peanut gallery

Dancing for your peanut jar for looks
He's probably stating at the peanut gallery
The peanut gallery by Cnote the crow November 16, 2021