After filing the 3rd Qtr 10-Q for Petrohawk, which entailed 2 wks of working 70+ hrs a week, the Petrohawk engagement team got up and screamed, "It's Peanut Butter Jelly Time ('PBJT')!"
by Akhil Patel November 22, 2006

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
by megasporangia May 16, 2019

by Ze shrew January 29, 2009

the title of a song, sung my a dancing bananna, this song involves strong lyricas and rude/sexual conteint.
by pieman January 8, 2005

by Cod90Gamer February 11, 2015

by DicklickerWhicker October 25, 2017

Peanut butter jelly time is when you cover the vagina with peanut butter and the penis with jelly and have sex. After completion engage in a sixty-nine.
by The perfect pair November 16, 2019
