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masterbask 

When no one will give you the gratification of a job well done, you are forced to masterbask in your own accomplishment.
No one would give me the credit I deserved for a great project at work, so I was forced to shut the door to my office and masterbask.

I had just finished painting the bathroom and showed my wife, she said "fine" but you have more work to do. I needed to masterbask in my accomplishment. Then I felt better.
masterbask by rpcgal October 12, 2010
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Masterbassion 

(n.);masterbassing-(v.) pronounced: Mast-er-bash-un
The stimulation of ones own bass guitar, especially slapping, which results in immediate pleasure and self-gratification. Depending on the length and intensity of masterbassion, pain and/or blisters may develop.
Idle hands lead to masterbassion.

Masterbathon 

a masterbathon is a day that you stay home from school "sick" so you can beat off so many times that you are dry and chaffed and can't walk so the next day you have to stay home and do it all over again
Mike: "Damn jimmy has been out of school all week"
Steve: "I konw he must be having a masterbathon"
Masterbathon by LifeguardSteve April 27, 2004

Management Masterbation 

When Management does something purely for their gratification that will produce nothing.
Team building exersizes, employee surveys are just a few examples of management masterbation.

Masterbaiden

Someone who masturbates on a school camp (or on a camp in general.)

And/Or

Someone who masturbates more than twice a day.
Guy #1: "Hey, did you heard (random name) was masturbating in his/her sleeping bag last night?

Guy #2: "OMG what a Masterbaiden!"

And/Or

Guy #1: "Dude, (Random Name) masturbated three times today!"

Guy #2: "OMG what a Masterbaiden!"
Masterbaiden by Mr.WasSoTrue October 13, 2010

Obsessive masterbaition disorder

A disorder in which one has the urge to perform the act of masterbaition frequently.
Bob has an obsessive masterbaition disorder. He beat his meat 20 times in 1 day! Lets hope he didnt run out of tissues!