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peanut butter jelly time 

the title of a song, sung my a dancing bananna, this song involves strong lyricas and rude/sexual conteint.
when that little kid saw the bananna man dance, and cussing, he was scared for life

Peanut Butter Time

The act of laying on a recliner with your legs spread wide apart. Then dig your hand into a container of peanut butter. Spread that handful all over your scotum covering the entire base. It is also a good idea to put some on the tip of your dick. Then call your dag and or cat in and let them lick it off your scrotum.
Joao grabbed the Jiff peanut butter and loudly proclaimed so his dog could hear "Its peanut butter time."
Peanut Butter Time by phillip39 April 14, 2010

peanut butter jelly time 

A creepy ass gif of a banana dancing back and forth constantly to mildly weird you out
" Like OMG that guy is such a peanut butter jelly time"

peanut-butter balls 

What you use to attack someone you don't like
Gustavo: "Mr. S. is being such a dickhead, I'm gonna get some peanut-butter balls"
peanut-butter balls by imhungry April 14, 2008

Peanut Butter Juice 

The slimy gel that forms on the top of Organic Peanut Butter in the jar when it sits for a long time.
Ew did you get that nasty Organic Peanut Butter that accumulates a Peanut Butter Juice over time?

Peanut Butter Falcon 

When a woman lays on her back, and someone defecates between her breasts, and proceed to squish them together. When you pull it apart, the feces will resemble wings, thus you have a peanut butter falcon.
Dude, I gave this chick a peanut butter falcon last night!
Peanut Butter Falcon by Pooptech September 24, 2019