Any penis juice that you want it to be (Also simply slang for peanut butter)
From a song from the 60s by Archie Bell and the Drells: "Spread it on thick like penis butter and sperm"
by Andy1 January 19, 2004
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the French mispronunciation of peanut butter
Just because I eat penis butter doesn't mean I'm a fuckin' cocksucker.
by kwang June 09, 2003
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The sticky film of sweat and other unknown substances that clings to a man's gentials on a really hot day.
Since it is so hot today I will scrape some penis butter from my penis for a sandwhich.
by ugandarox June 19, 2003
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something used to get gum out of your hair
egor! use some penis butter to get the gum out of your hair!

then give jack a blumkin
by Penis Mctits March 08, 2008
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these dumb ass fuck knobs that actualy think up this i.q. lowering brain jizz, type of shit.
u r such a penis butter slamwhich biiiaaaattcchh!!
by peenis butter fucker September 03, 2003
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