1 definition by Colon 2010

The act of oiling up a the back of a male banker.
Dude: Dude, what is that guy doing?

Dude's friend: He's totally giving that guy a Panama

Dude: Oh Nasty!

Dude's friend: No its ok he works at Goldman Sachs.
by Colon 2010 April 7, 2010
Get the Panama mug.