bull butter noun2 •(slang, euphemistic) bullshit(for you city folks, bull butter is that black, smelly substance found in piles all over cow pastures) but in your case, the bull butter ain't on the outside. — 2014 •(disapproving, old-fashioned) margarineAbout one-third of this importation was margarine, which in America was called "bull butter." — 1892