1. A penis, dildo, or vibrator.
2. A guy to sleep with but nothing more.
Ex. 1. At her friends bachelorette party, Talia exclaimed, “Oh look, bed carrot!” when her friend unwrapped a dildo and the room exploded with laughter.
Ex. 2. When Jessica was talking to her friend about her recent bad date, she said “He wasn’t really my type, but he’s a great bed carrot.”