Listed in order of most frequent usage:
1. An under-aged girl that is unusually attractive and often hit on with the thought of intercourse. This interaction is later followed with the excuse of her over-developed body shape.
2. To move a girl's hair out of her face with the use of a penis.
3. When pronounced quickly: Slit-her-baun may refer to the slitting of a girl's "baun." This refers to a method of violence often used in renaissance terms for the act of slicing a "baun" in half.
4. A chain of water parks located in Texas and Kansas.
1. "Hey pass me the jelly, I think I have a hard-on for this schlitterbahn."
2. "Babe, would you mind?"
"Yes, my dear" *thwak*
"Mmm that was good, thanks for the schlitterbahn"
3. "This is a rather awkward situation...it appears that I have schlitterbahned."
4. "Hey, I have a pass to Schlitterbahn..yay..it's beef jerky time."
When someone visits Schlitterbahn of New Braunfels, the largest water park in the USA, and gets drunk at one of their many swim up bars. I.e. shitfaced
The kids wanted to go around in the crystal river all day, so I got Schlitterfaced.