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Peanut Bulb 

A bulb mainly used in the automotive industry with the identification number "194". They are commonly used as license plate light, parking light, etc.

The main reason behind it's name is that it is actually the perfect size of a typical peanut and because these bulbs are so common, and asked at the parts counter so often, it has been given it's own affinitive name: peanut bulb.
Hey Joe, I need two peanut bulbs for repair order number 1234.

Right peanut bulb out! (During a light check)
Peanut Bulb by Michael the mechanic. December 29, 2012

Peanut in the Turd 

The one positive thing about something that is awful in every other way.
Otis: "Hey, Gunther, have you seen any of the Twilight movies?" Gunther: "Yeah, they were awful. Alice was pretty hot though. She was definitely the PEANUT IN THE TURD."

peanut gallery 

term used on the '50s tv show "Howdy Doody" for the audience of kids.
Buffalo Bob would say "Let's ask the peanut gallery", refering to the kids in the audience
peanut gallery by bnquail October 16, 2008

peanut gallery 

george bush's presidential cabinet
or
a group of (sometimes stupid) people that make comments on something they are watching or listening to; spectators with a verbal opinion
"we will not tolerate comments from the peanut gallery," said the announcer.
peanut gallery by kelly meier March 4, 2004

peanut dick 

The result of causing someone to pink sock
If I hadn't worn a condom, I'd be sporting some filthy peanut dick.
peanut dick by drb0mb October 20, 2007

Peanut Butter Wonder 

When you "Get Jiffy With It" by spreading peanut butter all over your genitals and let your dog lick it off while you masterbate.
Chad, in the mood for a Peanut Butter Wonder, opened a jar of Jif, spread it all over his testes and had his two dogs lick it off while he jerked his wiener.
Peanut Butter Wonder by C_W November 2, 2007