When one is stunned by something so much, that they get themselves into a panic. However a fresh panic is different in the fact that it involves vegetables in some way.
Terry: oh Pete mate, you’ve got an artichoke hanging out your pocket!
Pete proceeds to get into a fresh panic
Pete: An artichoke? Where?!
when gay people have sex because they can't do anything else with their penis when they get excited
omg me and frank banged last night because of a gay panic party
When you get to a party too early and are scared it's a bust, so you drink excessively before it even begins.
I knew no one was coming fuck! Better start Panic Drinking
When a sexy, black stud, with a massive cock inserts foreign matter carlessly up an Asian woman’s pussy, forgetting their petite nature, and causing the woman to momentarily panic and moan in discomfort.
Kim Wong has Blasian Panic after D’Vontay was fingering her, aimed for the clit and went two inches too deep causing Kim to cry and state that she will finish on her own.
A person who gets paranoid about something without a legitimate reason.
Person #1: What took you so long? I thought you just went to put something in your Aunt's van.
Person #2: My Aunt is a real panic maven. She didn't believe me when I said I locked her van, so she made me go back and re-check to make sure it's locked.