1. Something that is so terrific that it brings you to an instant orgasm or feeling of orgasmic pleasantness.
2. An object of lust that does, in fact, make you cream your pants when the subject is brought up/seen.
3. A brilliant mixture of the words "cream" "my" "pants" "Absolutely and "terrific" (making "cream-my-pantsarific") to describe something so desirable that you are brought to orgasm.
depantsification same as: the act of the forced loss of ones pants usually by others in public. But not used by "the stupid idiotic mountain folk" because they can't use the French de.
It is said of the situation where a person has the bad luck to make contact with his testicles against an undefined surface or object, intentioned or not.
Given the nature of the word, it is more appropriate to design cases where the interaction is made with a moving object, for example, a ball.
Although it is extremely painful for the victim, it tends to be considerably funny to people who witness it.
Today in the baseball game the pitcher took a nutshot; the baseball hit him in the nuts.
Man, I just watched the funniest nutshot video ever.