The key (~) located to the left of the 1 key, commonly used to open counsel in most video game. Also known as the tilde.
by Swilt September 26, 2004

The weakest gang on the planet. All we have to do to round up Key Rats is shoot a squirt gun at them, and they start running into the squad car. You can recognize key rats because they're always making castles in the sand, boogie boarding, playing in a sprinkler in their front lawn, or getting their asses kicked by the Gables Centaurs. They're pathetic!
by Officer McToughass November 29, 2004

John: Yo i'm feeling down man
Chris: use the green key to free yourself man
*takes puff*
John: I think i'm gonna be alright.
Chris: <3 no homo
Chris: use the green key to free yourself man
*takes puff*
John: I think i'm gonna be alright.
Chris: <3 no homo
by [ese]Zet October 25, 2009

The metaphorical key one individual is holding within a group.
Whoever is holding this key has been the last one to ruin his/her, what seemed to be, 100% chance of getting laid.
Named after pandas because pandas never f*ck.
Whoever is holding this key has been the last one to ruin his/her, what seemed to be, 100% chance of getting laid.
Named after pandas because pandas never f*ck.
(The morning after a party)
1: Oh man, I hate myself
2: Why, what's happened?
1: You know that chick last night? The one who was flirting with me all night? When she told me she was leaving and going home all by herself, you know what I said to her? "Goodbye".
2: Hahaha, you, my friend, have just been given the panda key.
1: Oh man, I hate myself
2: Why, what's happened?
1: You know that chick last night? The one who was flirting with me all night? When she told me she was leaving and going home all by herself, you know what I said to her? "Goodbye".
2: Hahaha, you, my friend, have just been given the panda key.
by lifeislikeadicegame April 13, 2011

The Mercury Grand Marquis.
by pentozali July 17, 2010

by Emix June 2, 2004

by Al "The Computer Guy" April 16, 2004
