1) an Australian product that is commonly spread on toast. Derived from brewers yeast, this product has a strong salty taste that was meant to imitate the British malmite.

2) Dynamite made from vegetables.
watch out! The Vegemite is about to explode!
by Diaverde December 24, 2010
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A thick, dark-brown bread-spread best put on toast or bread, but known to be spread on other edibles. Very potent in strong doses, able to render your tastebuds on the verge of withering up and dying. If you've grown up around Vegemite then this will have no effect on you.

Promite is better.
Those foreigners, spreading Vegemite on their bread thicker than Peanut Butter or common jam.
by Bastardized Bottomburp November 17, 2003
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It is when you are going down on a girl and you go a bit too far down, thats where the vegemite is.
"Oh, I totally went too far down on Cassie last night dude, I tasted the vegemite"
by CunnyFunt March 20, 2008
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Thick brown brewer's yeast paste from the Land Down Under. The slightest dollop on the end of a toothpick touched to a slug's back will incapacitate it in a matter of seconds, and render it an salty and torturous pool of black ooze in just under a minute effectively creating another couple ounces of Vegemite to dab on one's toast.
Pass the Vegemite, mate, I ran out of nails to hammer through my tongue.
by Craig Duckett August 17, 2005
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a paste that should have directions how to apply, because it tastes like "FOO" its the anti-christ of bread spread
this vegemite was imported from Australia, and Shell should keep the shite in a safe
by Passions March 29, 2003
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An inferior, colonial, version of the one true toastular spread Marmite.
Those convicts don't realise the powers that they are meddling with. Attempting to recreate the magic of Marmite could bring about a universal cataclysm. Thankfully they can only manage to construct a poor knock-off, vegemite, that poses no danger.
by James Weatherley October 29, 2006
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