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When you yourself are stuck between two people that want you (be it sexually, emotionally, for a relationship, or simply due to territorial instinct), and consequently hate each other.

Works for either two women jealous of the other for being around one guy, or vice versa.
Dude: "Oh, man... is that Karen??"
Bro: "Woops... yea... she totally just saw me with Steph!"
Steph: "Who's Karen???"
Dude: "Wow... well, I hope you enjoy your peanut butter and jealousy sandwich."
by N331 May 27, 2008
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2
When you are stuck between two people that want you and consequently hate each other.
Dude: "Oh, man... is that Karen??"
Bro: "Woops... yea... she totally just saw me with Steph!"
Steph: "Who's Karen???"
Dude: "Wow... well, I hope you enjoy your peanut butter and jealousy sandwich."
by IanE May 30, 2008
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Get a Peanut Butter and Jealousy Sandwich mug for your barber Günter.
3
When you yourself are stuck between two people that want you (be it sexually, emotionally, for a relationship, or simply due to territorial instinct), and consequently hate each other.
Dude: "Oh, man... is that Karen??"
Bro: "Woops... yea... she totally just saw me with Steph!"
Steph: "Who's Karen???"
Dude: "Wow... well, I hope you enjoy your peanut butter and jealousy sandwich."
by IanE May 28, 2008
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Get a Peanut Butter and Jealousy Sandwich mug for your dad Georges.