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The act of oiling up a the back of a male banker.
Dude: Dude, what is that guy doing?

Dude's friend: He's totally giving that guy a Panama

Dude: Oh Nasty!

Dude's friend: No its ok he works at Goldman Sachs.
Panama by Colon 2010 April 7, 2010
Never pan a ma nor her children! See Hurricane Michael for details!!! People thought that since the statute of limitations was up, they had the okay to pillage, steal intellectual property, and land.

To destroy a child under the age of 13 via rape or pan.
Boyfriend haven't seen in 3 months: "I love you and miss you! Hey ya want to come visit me in Alabama? We can go to Panama City Beach, Florida."

Girlfriend: "Sure, I miss you too"

Last time they speak intimately then it's discovered that your entire life is ruined by people who become your judgment. Pray for Arch Angel Michael to fight your battles and then see the destruction of the so perfectly planned place The Summit Resort in Panama City Beach showing who was to be panned, i.e. pan for gold.
Panama is sophisticated, classy, cool. She can be the life of the party or she’ll engage you deeply 1:1 in a great convo. Incredible kisser. Avid pilates goer with a great ass. You’ll meet her once and she’s always on your mind. Never under estimate her professional drive or her warm hospitality. She always assumes the best of people. Panama is an electric and beloved friend. She’s a BAMF.
I met Panama at a silent disco and I hope to god I run into her again.
Panama by Morgan11111111 November 26, 2021
The name we call ashtray in class (W Class/Indian Rizz)
Doin Adlay Panama
Panama by Cheesy Noblet June 6, 2023

Panama City Pool Party 

When you take a poop in a toilet and proceed to jerk off and ejaculate in the same toilet before flushing.
Bro 1:Dude i just went to drain the tank in your bathroom, but there is a Panama City Pool Party going on in there!!

Bro 2: aww man I musta forgot to flush during my pre party ritual!

Bro 1: yeah man I turned the fan on cuz that bathroom was smelling like straight Jankem bro

Panama Shitty 

1. Panama Shitty - another name for world famous Panama City, Florida, and Panama City Beach, Florida. A.k.a. Spring Break Capital of the World: Featured on MTV and like television stations. “Home of the Worlds Most Beautiful Beach”
2. Panama Shitty – An online publication featuring photos of locals as well as tourists getting shitty (having fun, partying, getting shitfaced, bringing new light to “the night life” of Panama City and Panama City Beach Florida. This website also features forums where interested persons can chat to one another, post events, as well as keep up with the “now,” of PanamaShitty.
1. We are going to Panama Shitty for spring break.
2. PanamaShitty has a picture of my friend Joe.