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peanut butter pussy 

a name given to a gay man's ass.
I want some of his peanut butter pussy.

peanut butter 

A substance used by lonely women if they have a dog to recieve oral pleasure.

OR

Butter with peanuts in.
"My dog licked my poon after I spread peanut butter on it," *Smile*

"My butter has peanuts in."
"Dude that's peanut butter"
"Fuck off you queef sucker"

Peanut Butter 

A lubricant males tend to rub on a female's body so as to strengthen the flavour.

It can also be taken alone, but it is not highly recommended.
-"Go on, let's have sex"

-" Hold on honey, let me rub this Peanut Butter on your booty first

Peanut ButterCup 

When a white girl and a person of color(or the other way around) have anal intercourse.

Comes from the Reese's Peanut Buttercup commercials. "Your chocolate is in my peanut butter. No your peanut butter is in my chocolate."
I was hooking up with Angela when she asked me if I wanted to Peanut Buttercup.

Peanut Brittle

Those who "stick" together and won't seperate in fear of social inferiority; those who require social acceptance so much they will change themselves dramatically (conformers, unindividuals)
Those girls over there are peanut brittle; do you see how they can't even go to the bathroom to fix their makeup by themselves?

peanut butter and jelly snatch biscuit 

a stinky smell snatch with peanut butter and jelly slathered all over it for a man or woman to enjoy. NOTE: beware of yeast infections!
dude i had a piece of your girlfriends peanut butter and jelly snatch biscuit last night. it was delicious