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Pee buddy 

The assigned friend who helps you in the bathroom when you are too drunk to do your business by yourself.
Amy: Who will be my pee buddy tonight?
Pee buddy by twizzet February 5, 2010

pee buddy 

Mostly used in the military for personal going to urinate but can not do so without another person to cover his 6.
PVT Joe:Drill Sergeant can I go to the latrine?

DS: Do you have a pee buddy?

PVT Joe: Umm, Umm, Umm

DS: (shouts out loudly) WHO WANT"S TO BE PVT JOE'S PEE BUDDY
A friend in which they may accompany you to the restroom in case of any potential danger.
D:I have to go pee.
N: you need a peebuddy?
D:yeah will you come with?
N:sure.
peebuddy by spikey D July 4, 2007

Peebuddy and sherbert

When he lets you hold it while he pees and you eat a tub of sherbert ice cream on the side.
"My boyfriend has to use the bathroom and let me do the peebuddy and sherbert."