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peter party 

A gathering with way too many dudes; peter being an alternate term for penis.

More commonly known as a sausage fest.
Man, fuck this peter party, yo; let's go find some bitches.
peter party by arkansaszippers January 23, 2009

Peter Brady Party

A party or event that no one shows up for (or is poorly attended). Based on episode 21 of the Brady Bunch where Peter throws a party for himself and no one shows up.
The term Peter Brady Party can be used for social or non-social situations. Non-social situations would include meetings or presentations
Peter Brady Party by Odie813 March 2, 2010

Party Pete 

An animal, With a steady diet of liquor and other substances.
Guy 1: Wheres Party Pete?

Guy 2: I dunno, but i bet hes going hard.
Party Pete by peteypablo204 February 19, 2010