What is Pants Down?
1.
To be caught unware. Suprised. Modifiers include "down around the ankles".
Jim was financially overextended, his job layoff caught him with his pant down.
2.
The penalty for losing a game of 8-ball (standard pool) without potting a single ball is to walk around the table with one's pants down (or skirt up), according to official pub rules. This counts for any loss, including accidental sinking of the eight ball.
1: You suck at pool; I beat you pants down.
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3.
Used to substitute the age old saying "hands down".
Pants down that was the best church service i have been to yet!
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4.
Old fashioned humor that is corny but still gets a laugh as in the Vaudeville skits when a man's pants drop.
That skit was so pants down.
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5.
Describing something as the best, without a doubt. Similar to 'hands down'
That girl is the hottest, pants down.