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Peanut Butter Fluff 

A sexual act where a guy applies marshmallow fluff over a woman's breast and apply peanut butter to her lower body, then folds her in half, has sex with her, and then finishes by licking the mixture off her body and sharing it with the girl.
Guy 1: What happened with that chick last night?
Guy 2: She came out of the kitchen with some Fluff and Jif and I folded her up for a peanut butter fluff. She was quite tasty.
Peanut Butter Fluff by b723 February 26, 2010
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PEANUT-BUTTER-JELLY-TIME 

A time or situation that involves the combination of peanut butter and any kind of jam. Such an even is a time of celebration/exitement in many cultures.
e.g. A Dancing bannana screaming the words "PEANUT-BUTTER-JELLY-TIME" repeatedly to any music at all.

peanut butter sandwich 

The occurance of needing a turd so badly that you let a little bit of shit out of your anus and it gets smeared all around your crack. The ass itself when looked at, then has the appearance of a peanut butter sandwich.
"Ive got such a peanut butter sandwich right now."

As the naked man bent over, the onlookers cried "Oh my god hes got quite a peanut butter sandwich."
peanut butter sandwich by TehMuel November 6, 2007

peanut butter and jelly: sock 'em in the belly! 

A kindergarten game where one kid says the refrain, "Peanut Butter and Jelly!" and another kid repeats it. After the second kid says it, the first kid says, "Well, sock 'em in the belly!" and lets fly a fist into the second kids stomach.
Kid #1: "Hey! Say this: "Peanut Butter and jelly!"
Kid #2: "Okay. Peanut Butter and JellY!"
Kid #1: "Well, then, "peanut butter and jelly: sock 'em in the belly!"
(Followed by a sucker punch to the solar plexus.)
Kid #2: "Ouch! you friggin douche!"

Peanut Butter & Crack Sandwich 

Take two pices of bread and apply a generous ammount of peanut butter on one side to both pieces of bread, then pack it down the crack of your ass.
guy #1: "Dude, do you wanna try my Peanut Butter & Crack Sandwich?"

guy #2: "Fuck no, I ain't fallin for that shit again!"

Peanut Butter Highway 

When a baby is born and the mother struggles in labour she may inadvertently squeeze out a massive grogan (shit). the baby slides into the new world down the shit - down the "Peanut Butter Highway!"
Did you hear Tanya's new baby drove the peanut butter highway.....
Peanut Butter Highway by Manworker November 29, 2011

Peanut Butter Saurus

This is the term used to describe an individual highly obsessed with peanut butter, who moves his limbs like a dinosaur.
Look at that awkward walking man with the peanut butter on his spoon. He must be a Peanut Butter Saurus.