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Short for Peanut Butter Spoon, a snack mainly used by college students and possibly obsessively fit people when you need a snack but poor shopping habits have left you with nothing but condiments and toppings. As such one is then forced to pull out a spoon, scoop up some peanut butter from the jar, and enjoy that spoonful to the fullest.
Roommate 1: What's up?
Roommate 2: PBS time
Roommate 1: Go for it man
Roommate 2: I'm glad I live in a PBS judgement free apartment
PBS by S31 November 9, 2012
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Perpetual Boner Syndrome. The act of being extremely horny, normally horny most of the time or anything closely related with being horny.
Timmy, because of the evidence at how often you masturbate, how many nudey mags you have, and the fact that you can't hold a conversation that doesn't have to do with Brazilian waxing, butt play, and/or tits, I have concluded that your have a severe case of PBS.
PBS by T!ff@&?LhuvsYhu July 24, 2011
It stands for Pen-in-Brain Syndrome. A rare disorder that is easily identified by the physician for the characteristic pen lodged in the brain. PBS is almost always fatal. There was one instance recorded example of a man suffering from PBS for years, without realizing he was missing portions of his brain that governed logic and reason. Upon removal of the pen, however, he died.
"This is a clear cut case, ladies and gentlemen. This man died from Pen-in-Brain!" (PBS)
PBS by Decrata December 24, 2013
Penis Back Slap
To slap a girl in the face when she talks back to you
this chick was giving me head and she was bitching about it so I PBSed the hoe.
PBS by Eltoro19 May 8, 2008
presentation of the ball sack, otherwise known as authorized tea bagging but since no tea bagging is ever authorized the name had to be changed entirely.
the male walks into the room to a perfectly awake and conscious person. he then unzips his fly and gives the person a pbs. had the person been unconscious or asleep this action would have been considered tea bagging.
pbs by thames o'conner July 1, 2011
Acronym that stands for Pizza, Beer, and Sex. The three greatest things a man can enjoy.
Elise, I want PBS today.

Or

I don't know how I ever lived without PBS in my life.
PBS by SMBTTU December 17, 2011