When your wiping yourself and your thumb accidentally breaks through the toilet paper and gets "dirty".
Dude! I dropped the kids off at the pool last night and got covered in thumb butter when I was wiping with that cheap paper my wife buys!

Awww man that is the worse!
by minuccp May 1, 2009
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A flaccid, shriveled, post-coitus, penis and is still moist and shiny from the amalgam of sexual juices.
After Roger tapped his girlfriend during a lunch time quickie. Sonja went to the bathroom to wash up and grab a doddle rag to come back and wipe off Roger's Butter Thumb.
by Eaton Holgoode May 18, 2015
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