“Hanky Panky” is a term often used to describe playful or mischievous behavior, particularly in romantic or sexual contexts. It can refer to lighthearted flirting or more intimate encounters, depending on the situation. The phrase has been popularized in various forms of media, including songs and movies. In addition to its colloquial meaning, “Hanky Panky” is also the title of a famous song by Madonna, released in 1990. The song features a catchy melody and explores themes of love and desire, contributing to the term's association with playful romance.