(verb) the act in which you glue Fruity Pebbles onto a guys dick or a girls clit and then somebody else had eating it off with excruciating force and tug.
(noun) awesome sex move
Gill said, "Hey Adam, would you give me a meat munch tonight?"
Adam replied, "As long as you have the Fruity Pebbles!" ;)
It is said of the situation where a person has the bad luck to make contact with his testicles against an undefined surface or object, intentioned or not.
Given the nature of the word, it is more appropriate to design cases where the interaction is made with a moving object, for example, a ball.
Although it is extremely painful for the victim, it tends to be considerably funny to people who witness it.
Today in the baseball game the pitcher took a nutshot; the baseball hit him in the nuts.
Man, I just watched the funniest nutshot video ever.