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peanut butter jelly time 

having sex and adding peanut butter to the penis and jelly to the vagina and having a "good time"
Dude i love the song peanut butter jelly time cause it reminds me of last night.

peanut butter jelly time 

A point in time at which an individual is so poor, the only food that s/he can afford to eat is peanut butter and jelly sandwiches.
Kim: Hey, girl, you wanna go to Chili's for lunch today?
Jessica: No, I can't. It's peanut butter jelly time.
Kim: Damn. Maybe next week when you get paid?
Jessica: Yeah. That'll work.

peanut butter jelly time 

Timmy and Joe had some peanut butter jelly time after school
peanut butter jelly time by Anonymous September 13, 2004

Peanut Butter Jelly Time 

To have a Peanut Buter Jelly Time is to share a tasteful and wonderful experience with your lover. To have a Peanut Butter Jelly Time, do the folling; 1) Pick weather you want to by peanut butter or jelly. 2) Take the item that you chose to be, and spread it on your whole body, and have your lover do the same with their item (or spread them on each other). Very sexy! 3) Have sex in a position that involves you to face your lover(example: 69). This will give the effect of it to look like a peanut butter sandwich. 4) Have fun! Lick off yourself or your lover, if desired. It can be very sticky, so enjoy!
"Oh ya, baby, I love what you are doing, but can we please have a Peanut Butter jelly Time?"

"Last night I was with my man, and we had an exultant Peanut Butter Jelly Time! And, this time, I was the peanut butter! Yum."

Peanut Butter Jelly Time 

Joking that you want to have a threesome / Menage a trois / Sandwich. Especially as a female with 2 guys. One guy's dick in your butt (peanut butter) and the other guy's dick in your vage (jelly). DP
"I want a sandwich, if you know what I mean" *Sing "It's Peanut Butter Jelly Time!" & dance*

Peanut Butter Jelly Time 

When a woman spreads peanut butter and jelly on her genitalia, then is eaten out.
"Peanut Butter Jelly time! Jennie!!" *sluurp* *smack* *sluurp*