A Pay Day is when you have unprotectedanal sex and you get a small peanut lodged in your pee hole.
You then find a friend and pee on them, shooting the peanut in their direction, like the Pay Day candy bar.
Charles played a prank on me by hiding my phone. I got him back with a Pay Day! Boy was he surprised.
Almost a direct result of the recession though it has been observed prior to it. It is the act of going to a friend or family members house and waiting until they either come home with a check or decide to go cash it in an effort to borrow money.
Sue: Someone has been in the Johnson's front yard for about an hour and they aren't home. Should we call the police?
Nate: Nah thats just Bob's brother Guy, he's been pay day spawn camping every other Friday since he lost his job.
Sue: Poor thing, damn economy.