The art or practice of someone stealing (even if momentarily) a pair of worn panties from a hot girl he/she knows. Usually for self-gratification purposes.
I waited until Blanca went to bed so i could jump over to her house and retrieve the freshest pair of panties i could find from her laundry basket. Being today's panties the best prize ever :)
by Aries2004 April 28, 2005
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A raid into a girls room where one takes her panties. Later, if feeling horny, he tries them on himself
"Dude! What the hell are you doing with those panties from the panty raid in the closet!"
by The Masked Olive Eater February 2, 2003
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An intellectually stimulating activity that was done by Patrick, Spongebob, and Eugene Krabs (Mr. Krabs).
Patrick: "I guess you're gonna miss the...panty raid..."

Mr. Krabs: "Panty raid? You're talkin' about girls right?"
by Sir Fresh August 24, 2010
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When a bunch of guys steal girls' unda-wears, only to run around with them on their heads.
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Unsolicited, lengthy visit by male worker with little or no ostensible business requirement to workspace of female coworker. Usually characterized by monologues on male worker's relationships with women or commentary by male worker on female coworker's gender-specific issues and/or secondary sexual attributes under the guise of professional conversation.
"He came by on a panty raid, but my secretary pretended I had another meeting and saved me."
by Dinosaur Mom October 16, 2008
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The Act of stealing of Panties by a panty thief.
Panty Raid!! Sound the Alarm!!(Air-raid like siren is heard) Women lock your bedrooms and lockers, the Panty thief is coming!!!! (Air-raid like siren is heard)
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A must-have experience before you die!
Dude, lets have a panty-raid at the sority house tonight.
by look up in the sky! June 30, 2004
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