What is Peanut-butter-jelly-time?
1.
A time or situation that involves the combination of peanut butter and any kind of jam. Such an even is a time of celebration/exitement in many cultures.
e.g. A Dancing bannana screaming the words "PEANUT-BUTTER-JELLY-TIME" repeatedly to any music at all.
2.
It is slang for anal sex. The peanut butter is feces, and the jelly is KY Jelly. That's why a baseball bat is mentioned.
"It's peanut-butter jelly-time, peanut-butter-jelly-time, ...peanut butter jelly with a baseball bat."
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3.
When a dancing peanut has various adventures. pbjdance
It's peanut butter k-y jelly time
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4.
Anal sex. Also known as "Santorum-time." Santorum meaning "that frothy mixture of lube and fecal matter that is sometimes the byproduct of anal sex."
Senator Rick Santorum came in, bent over, and stated: "It's peanut-butter-jelly-time!"
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