Portmanteau of "teleworking" and "jerking". This occurs when you have an office job that requires such little time and effort, that on snowy days when employees telework from home, you can have several jerk-off sessions while technically being paid.
Such jobs are usually only afforded to government employees and sometimes government contractors, since deadlines don't mean anything to their bosses and they will be paid regardless of performance.
Rick: I telejerked yesterday and today. How do you feel knowing that your tax dollars go to pay me for choking my chicken two times before lunch while looking at porn on my work computer? Yeah, and that conference call at 2? I was shitting while I was on the phone. Tomorrow will be my third consecutive day of telejerking due to the chain of command in my office being populated by spineless men who employee only college interns and sassy black ladies that literally contribute nothing to the ability of our government to function.
It is said of the situation where a person has the bad luck to make contact with his testicles against an undefined surface or object, intentioned or not.
Given the nature of the word, it is more appropriate to design cases where the interaction is made with a moving object, for example, a ball.
Although it is extremely painful for the victim, it tends to be considerably funny to people who witness it.
Today in the baseball game the pitcher took a nutshot; the baseball hit him in the nuts.
Man, I just watched the funniest nutshot video ever.