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Peanut Butter Jelly 

1. Joo gotta love the Banana Man!
2. Peanut butta jelly and a baseball bat!
3. BREAK IT DOWN NOW!

peanut butter jelly time 

it's the dancing banana. It is something you say to another person when they are feeling a bit down. You try to cheer them up by saying this and you do a little dance.
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PEANUT-BUTTER-JELLY-TIME 

It is slang for anal sex. The peanut butter is feces, and the jelly is KY Jelly. That's why a baseball bat is mentioned.
"It's peanut-butter jelly-time, peanut-butter-jelly-time, ...peanut butter jelly with a baseball bat."

Peanut Butter Jelly 

This is the shiz, you cannot stop the peanut butter jelly song. You know why? It's PEANUT BUTTER JELLY TIME! For sheezy.
You is one fucked up ho if you don't like the Peanut Butter Jelly song.
Peanut Butter Jelly by Fat Man December 6, 2002

Peanut butter jelly sandwich 

When a woman is on her period and doesn't do a good enough job wiping after taking a shit, blood and crap are stuck in the butt crack and are therefore called a peanut butter jelly sandwich.
My girlfriend Teresa is so gross. She never washed away that nasty peanut butter jelly sandwich forming in her ass crack.

PEANUT-BUTTER-JELLY-TIME 

When a dancing peanut has various adventures. pbjdance.com
PEANUT-BUTTER-JELLY-TIME by zac August 10, 2003