Acronym for "Preserve The Poon". Usually used to describe a situation where you must do everything possible to get sexual action from a woman. Often used in place of "sorry guys, maybe next weekend" when one places his woman before "the guys".
"Hey Bill, would you like to go out to the bars with us tonight?"
"No, I'm taking the lady out to dinner tonight. PTP!"
Poke The Pooch - screwing off at work: FTD-Fuck The Dog. STP-Screw The Pooch. PMP-Pound My Pud. WTW-Wank The Weenie. TTT-Tickle The Twat. There is no end to this kinda crap, ya know....
Really, you need an example for this? "I didn't do anything but PTP today at work."
Post Test Party. These are thrown by students in a professional school, typically medical students. The parties are complete ragers as they are thrown the night after a soul crushing test.
That test butt raped me so I'm drinking like its the end of the world at the PTP tonight.