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Resentment towards a fellow passenger on an airline when they get an extra bag of peanuts from the flight attendant.
Joel felt such peanut envy towards the guy in 22C when he saw the flight attendant slip him an extra bag of nuts.
by SJ@24 July 23, 2009
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1. When your penis is so small that (when fully erect) it is less the size of a typical peanut. Often used by GFs when talking to their WT friends after having the after-prom happy hour
G1: My man's dick is so small that it's a peanut envy!
G2: Gurl, ain't that little to extreme?
G1: Not lying! It's just over 1.5 inches!
G2: Dayuuum!
by Bipplerunny January 20, 2016
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