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When you receive a blow job from an elderly man or woman, because they have no teeth their gums will rub on your penis and when you ejaculate (nut) it is called a gum nut.

Gum nuts are also little objects that fall off gum trees commonly found throughout Australia.
Oi Hazza your grandma gave me the best gum nut every last night, I think I'm in love.

Look at all these gum nuts that fell out of this tree bro.
gum nut by Cute Pencil Case October 24, 2018
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nut in a chewing gum wrapper 

the person who thinks he is a prince in shining armor but in reality just an egoistic man whose actions are completely opposite.

condescending person specially towards women in his life
jim is "nut in a chewing gum wrapper"he thinks he is a best thing ever happen to susan , but in reality he put her down in every aspect of life and create insecurities for her

gum nuts 

When your nuts stick to your inner thigh
"Damn I got wicked gum nuts right now but my coworkers are looking I can't unstick it"
gum nuts by loldi December 19, 2014

Nutty-gum and fruit spleggings 

Oi bruv can your mum make us some nutty-gum and fruit spleggings sandwiches?

gumnut cottage 

gumnut cottage is a person who is not the smartest an kinda small brain.they go to a school caled "gumnut cottage"were they do work but for less smart people like they are in 7th grade for example but they acted like childish and learn easier stuff then they would be 7th grade but learn way easier stuff like how to rite a proper sentence.(*_*)
"jeez are you in the gumnut cottage"
A child's imaginary friend or the name of an Australian/French Canadian fetus.
Family Friend: "Is Gumnut here?"
Child: "No, Gumnut is sleeping."

-or-

Friend: "How's Gumnut?"
Mother-to-be: "Good... she kicked all night long though so I couldn't get any sleep."
Gumnut by Rella April 19, 2008
A gumnut is a person who can be classed as a total geek or nerd or someone of lower social standards.
Shit did you see Daina's friends, what Gumnuts!
Gumnut by Leigh Aiston September 5, 2008