The state of undergarments when the wearer (usually a woman) becomes intensely aroused or excited to the point that she (or he) actually begins to release sexual juices.
She became so excited and aroused that she suddenly had wet panties
by Dubeal May 23, 2010
a hairy vagina that is saturated and dripping of bodily fluids.
my wife caught me staring at her drippin wet panty hamster.

my girlfriend was playing with her drippin wet panty hamster.
by steve s (hillbilly) October 5, 2007