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Procrastination Savings Time (PST) 

Procrastination Savings Time (PST) is the practice of allotting an extra hour when planning to do work to increase the chances of success.
TED: Hey Joe! have you done our homework yet?
JOE: No man, let's do it at my place, 6:00pm PST.
TED: It's settled then, works starts at 7:00pm!

Procrastination Savings Time (PST)
Stands for 'Petite Sized Testicle Syndrome'
You coming out tonight Rich?

no mate.

oh my, you have a severe case of PSTS
PSTS by Sandwich & Pingu February 24, 2011
An acronym for perky and sexy titties
Rhonda was walking by and she had some fine ass p&st
p&st by DELLAWINX March 22, 2019