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."
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!"
© 1999-2015 Urban Dictionary ®
Dagelijkse gratis email
Vul hier je e-mailadres in en ontvang elke ochtend gratis het Urban Woord van de Dag!
De e-mails zijn afkomstig van email@example.com. We sturen nooit spam.