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1.What you call something positivly relating to the band Panic! at the Disco.

2.What something is when it reminds you of Panic! at the Disco.
Nicki: Look at that guys top hat it's so cool!
Ally: I know it's Totally Panic!

Ally:Formaldehyde is a Totally Panic! word.
by Allisin August 27, 2006
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