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Problem Is Between Table And Chair.
Primarily used by troubleshooters to sound professional and knowledgeable while making a joke at the customer's expense. This can horribly backfire if the said customer is not as stupid as he/she sounds and is able to figure out the acronym.
Customer: I need some help with my computer

TS: And what seems to be the problem

Customer: I just got it and it's not turning on! : (

TS: Sounds like a PIBTAC issue, i'll look into that for you.
PIBTAC by Jordakiss January 14, 2009
Related Words

cock pita 

When a guy has such large testicles in relationship to his penis, he is then able to fold the skin all the way around his junk. Giving the impression of a 'cock pita'.
Amanda asked Jay, "What's for lunch?" and Jay said, "How about a cock pita?"
cock pita by richardstarkey October 19, 2010

pistachiosis (pis-ta-she-o-sis) 

Refers to a disease a person gets when their stash dries up.
After smoking all her weed that weekend Ally had pistachiosis (pis-ta-she-o-sis).

Pistance 

The distance traversed by a stream of piss measured from the opening of the urethra to the spot at which the stream lands.
Typically men have a longer pistance than women.
Pistance by Chennessey March 15, 2016

Pitaphile 

A middle-aged gentleman that crafts pita wraps for a living. This man enjoys putting pita's in and around your mouth.

His Pitas are the thickest in town
If you want to be filled up, try his pitas.
"Lets go get lunch from the pitaphile"
Pitaphile by not-a-pita-eata January 21, 2009
Someone who is beyond amazing and is known for their amazing laugh, smile, and booty. They are able to manipulate people quite easily, and have a sinister aura to them, but people are still keen on getting to know them.
Example:
1. There's something so Pieta about that girl
2. Boy #1: I met this chick that totally blew my mind. She had a nice booty on her too.

Boy #2: It was probably Pieta
Pieta by bittersweet* April 11, 2011