slang for a pants-handy.
giving or recieving a hand job over pants (usually in public) still resulting in an orgasm on the males part.
guy 1: dude i got the best handy from a random chick at the party last night, it was over my pants though cause there were people around.
guy 2: man you scored a pandy!
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elf hat refers to a man's uncircumcised penis because it resembles an elf's hat
Did you see Greg's elf hat? So gross, I only date guys who are circumcised.