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/Sounds like "PAHN" (as in "park") + "choh" (as in "chose")/

Meaning

A commotion, a scene, or an unnecessary drama. When someone makes a big deal out of something small, it's called a 'pancho'.

Examples

He made a scene at the supermarket over nothing.

Don't make a big deal out of it, it was just a misunderstanding.

A dimwit or someone who constantly does stupid things. The "termo" (thermos) image implies a hollow head: lots of volume, nothing inside. Used in Argentina and Uruguay to call out someone who really should have known better.