Misspelling of the word 'pederast' made popular by The Big Lebowski. Webster's defines it as "one who practices anal intercourse especially with a boy."
Walter: When he moved down to Venice he had to go door-to-door to tell everyone he's a pederast (not petterass).
A "petterass" has nothing to do with pedophilia, peters or asses you guys. Petterass is a way of calling someone PETTY and refers to something/body which is a trifle, unimportant, petty, minor matter or small. You would be more accurate to say someones small peter is petterass, but it really refers to their actions and attitude. Again-- petterass as meaning petty, small and minor doesn't refer to some guy petting small minors. HAHAHAHA!!! That is rich!
another term for a station wagon, mini-van, or any other kind of vehicle that is targeted at the "family" demographic(also M.A.V.)
"Tactical advantages aside, the M.A.V. is top of the line for the holy warrior troop transport manufactured by the Church of Latter Day Saints Military Industrial Complex. Also great for family trips...to heathen lands."
12 step recovery jargon referring to someone new who talks about how great life is, now that they'resober. Usually meaning that the person is out of touch with reality.
The new guy seems pretty happy for a dude who has no job, no money and no family. He must be on a pink cloud.