Another name for a running-gag joke told by senior members of a club/organization/military to junior members that have no previous personal knowlage of the people involed in the the joke. The joke usualy involves obsurde snippit's of information alluding to a larger, most likely to top all story about a vacation/trip/deployment (in some cases to Panama, due to it's interest to others simply as a foriegn country, it's lack of reccord keeping, or the fact that "Panama" is a fairly easy word to remember) that had gone horrably wrong. The cleverness of the joke comes form the presenter's ability to make the hints as outlandish as possable without the junior or reciever figuring out it is a hoax, and while only alluding to the actual story.
by Kyle, 1st. LT January 12, 2008
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by Joe Jon September 5, 2005
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the most beautiful country in the world. used to be part of Columbia until november 3, 1903 when it declared its independence from Columbia. it is an isthmus because it connects South America and North America like Egypt connects Asia to Africa. RexGibson the douchebag who says it means pussy is a dumbass so he can go straight to hell fuck him. although not that big of a country it has an abundance of mountains a jungles not to mention that it is sorrounded by the Atlantic Ocean to the north and the Pacific Ocean to the south making it one of the best places to see a sunset or sunrise. stupid ass americans invaded panama in december of 1989 with their operation "just cause" and killed 4000 panamanians. "just cause" my ass.
Panama, i was born there and lived there most of my life. thanks america for killing ruthlessly killing our people and and disregarding the properties of panamanian citizens.
by el reye August 5, 2006
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by sanfred June 18, 2011
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Get the ParaMattKoopa Lolking mug.Carlos, spurred by his desire to quickly climb the ladder, decided to step it up a notch and take out a rival drug lord by giving him a Panama Caboose.
by cheesewheezy June 4, 2009
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by Tibber-o-chan June 29, 2011
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