According to 'Another Cinderella Story', it stands for Paid, Young, and Taking on the World from the Driver's Seat.
"You're the New Classic, You're the new PYT."
by Ale :) February 8, 2009

"Pretty Young Thing" as in a sexy, younger man. Term is used by a (slightly) older women to refer to her boy toy.
by hiscougarallday April 23, 2009

by InjenBuilder9 December 14, 2009

by Anonymous October 13, 2003

the pyt also known as pans young team are a group of bumping cunts that think they run the pans, when getting into a fight the poofs may end up bringing a weapon also some are hard as fuck (be careful lads)
by pyt on top, non stop December 13, 2019

by 360sexboy69 August 3, 2018
