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panty party 

A new twist on an old favorite. This is very similar to a key party, but usually held at colleges or during high school where the couples are not all able to drive to their residence to consumate the evening.

When the time has come to pair off, the gals take off their panties and they are put into a bag. The men blindly select a pair with the girl's name pinned to them. This determine who he is going to have sex with.
My sister invited me to a panty party when I was a sophomore. It was so exciting not knowing who I was going to have sex with. I would have never have though of having sex with Barry before the party, but enjoyed it so much that we have been dating ever since. We've even been to a few more panty parties since.
panty party by BRD October 24, 2004
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Panty party 

When you and your mate decide to have a party in just your underwear
My wife and I had a panty party last night, very exciting
Panty party by Jsjjsjshbdbdjsbsb December 28, 2018

John Joshua panty party 

When a group of male friends get together and conpare their panties whilst doing a circle jerk.
Man we had an awesome John Joshua panty party last night

Panty Dance Party  

excessive dancing with a complete lack of over garments. Boys are not allowed to wear boxers at this party they are required to wear briefs or boxer briefs in any color (white and gray are not suggested). Girls may wear any style panty she prefer.
Late night is at my house tonight, bring your finest panties because it will be a panty dance party .

party party yeah 

you say this when u add a party filter to your v-live.
*adds a party filter to the screen*
Jungkook: Oh, Party party yeah!

Party-Party Day 

Occurs when the day of the month matches the corresponding number of the month
Mike: Hey! Its March 3rd, Party-Party Day!
John: What?
Mike: Its 3/3/10, let's go Party-Party!
John: Yeahhhhhhh!
Party-Party Day by nosajyanks January 2, 2011

No pants party 

A party in which all attendees are required not to wear pants or anything below the waste. On occassions when underwear is not allowed, it is strongly suggested that a protective plastic covering be placed on all sofas and chairs for the duration of the party.
Welcome to the No Pants Party, Panos, drop your drawers and find a friend!
No pants party by Deac Hungus November 22, 2005