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Used commonly in the Tri State area, elephant mungo is a form of time. The time of elephant mungo is right around 3:30 pm; more specifically it is the time in between 3:29 and 3:31 pm, not including 3:30. Some consider this to be an overvonplicated way of expressing time, while others consider it the time unit of the future.
Carl: Hey Bill, want to go to the park with me?
Bill: Sure, what time?
Carl: Does elephant-mungo work for you...
Bill: Why, yes it certainly does.
by Shmeat Lover XD June 25, 2018
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