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The term "trashpanda" is a linguistic modification/simplification for the word "raccoon", also known as the common raccoon, North American raccoon, northern raccoon and colloquially as coon, is a medium-sized mammal native to North America.

Linguistic modification is a process by which more complex words can be modified in ways that clarify and simplify the text without simplifying or significantly altering the construct that is being tested. To facilitate comprehension, linguistic modification reduces the construct-irrelevant language demands (e.g., semantic and syntactic complexity) of text through strategies such as reducing sentence length and complexity, using common or familiar words, and using concrete language. Another example of linguistic modification is a simplification of the word "stingray" to "water chicken".
The trashpanda held tightly to the back of the garbage truck.
Did you see the trashpanda scavenging around the dumpsters?

The trashpanda and the dog are best friends.
via giphy
by Linguistic_Gangsta February 21, 2017
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Noun: a raccoon or any animal that rummages through trash cans (possums and such)

Adjective: a person who is very annoying
Noun: “look at that trash panda! It’s kinda cute”

Adj: “you’re acting like a trash panda”
via giphy
by Angel_The_Proxy May 14, 2018
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A girl that has very low morals that looks like a dumpster fire that will pretty much fuck anyone with no regrets
Hey ray wanna go to the bar tonight and pick up some trash pandas
by Trash Panda King February 17, 2018
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