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Panty-ping 

The motion of ladies underwear, as they are pulled down and away from the pussy. As the dampness makes the material stick... The "Panty-ping"
I watched her undress and looked forward to that sweet little "Panty-ping" Action.
Panty-ping by MbØt~Mk.II® May 4, 2015

Phantom Shagger 

A person who tells his friends he's having sex with loads of different girls, when really he isn't getting any.
Myran is a phantom shagger. There is no way that ugly bastard is getting laid.
Phantom Shagger by Jazzy1888 April 19, 2013

Panty Crust

The crusty film from bodily fluids that builds up in the underwear after several days of consecutive use.
As Kimball pulled down his boyfriend's panties and went to work he felt the Panty Crust on his chin.
Panty Crust by yoyo4094 July 3, 2015

Phantom of the Megaplex 

Is Kathleen's.
Girl #1: "Let's go talk to Phantom of the Megaplex."
Girl #2: "No no, he's Kathleen's."

Phantom Furniture 

Ghostly presence of furniture from the last tenant of the apartment you're renting. It can appear late in the night, especially if you go get a glass of water with the lights turned off. Are usually easy to get rid of with a simple exorcism.
Vilmar: Damn, I just stubbed my toe on some of Joe's phantom furniture.
Torkild: Who's Joe?
Vilmar: He's the guy who rented this apartment before I moved in.
Torkild: Boy, you need to perform an exorcism on this place.
Phantom Furniture by t-degg March 4, 2015

Red Panty Night

A night meant for celebrating a special occasion; hence, your wife will wear her red fancy panties to bed you.

This is a term introduced by UFC Featherweight Champion Conor McGregor, who is a large Pay-Per-View draw and, in turn, a large pay day for whomever fights him (win or lose).
"I can make you rich. I change your bum life. You fight me, it's a celebration. When you sign to fight me, it's a celebration. You ring back home, you ring your wife. 'Baby, we've done it. We're rich, baby. Conor McGregor made us rich. Break out the red panties.'" - Connor McGregor

"I just got a raise! Now we can finally afford that Honeymoon in Paris that you've always wanted. It's a red panty night, baby."
Red Panty Night by Tam.Burger April 16, 2016