To have a Peanut Buter Jelly Time is to share a tasteful and wonderful experience with your lover. To have a Peanut Butter Jelly Time, do the folling; 1) Pick weather you want to by peanut butter or jelly. 2) Take the item that you chose to be, and spread it on your whole body, and have your lover do the same with their item (or spread them on each other). Very sexy! 3) Have sex in a position that involves you to face your lover(example: 69). This will give the effect of it to look like a peanut butter sandwich. 4) Have fun! Lick off yourself or your lover, if desired. It can be very sticky, so enjoy!
"Oh ya, baby, I love what you are doing, but can we please have a Peanut Butter jelly Time?"

"Last night I was with my man, and we had an exultant Peanut Butter Jelly Time! And, this time, I was the peanut butter! Yum."
by luv-u-2-luv-me May 14, 2009
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The act of placing peanut butter and jelly inside your ass. Then forcing someone to eat all of it out of your ass.
I call it a peanut butter jelly and asshole sandwich, but Tom here, would be calling it lunch.

Man 1: Hey dude, wanna go grab some lunch? Man 2: Naw bro I'm good. Your mom served me a hell of a Peanut Butter Jelly and Asshole Sandwich.
by Noushbag March 28, 2011
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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
"I want a sandwich, if you know what I mean" *Sing "It's Peanut Butter Jelly Time!" & dance*
by megasporangia May 16, 2019
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Putting peanut butter and jelly inside your or your partner's ass. Then eating all of it out of your or they're ass.
How about a Peanut Butter Jelly and Ass Sandwich for dinner?
by Ramen Queen June 2, 2017
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A classic Peanut Butter and Jelly sandwich made using any kind of long bread, typically a whole baguette. These can either be cut up and shared it they can be eaten whole as a simple guilty pleasure.
"Damn I'm feeling hungry, might go for a Peanut Butter Jelly The Long Way."
by Hurm_m April 20, 2023
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- Noun
- A point in time when a feeling of relief, excitement overcomes a person.
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 21, 2006
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