1 definition by Merlinho
An extreme form of schadenfreude displayed when showing absolute glee at another's misery or misfortune.
Mo: I see your team lost last night, ha ha ha, I almost feel sorry for you, loser!
Matt: oh right, been having a schadenwank have you?
Matt: oh right, been having a schadenwank have you?
by Merlinho April 26, 2009