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The act of masturbating while introducing yourself to someone, usually attractive, via shaking hands.
When I met Angelina Jolie in NYC the other day, I couldn't help but yankshake to introduce myself.
Yankshake by TheOfficialDonaldTrump February 15, 2017
Related Words
When you haven't washed your hands since you last had a wank and have now found yourself shaking hands with somebody important.
Dave shook hands with his girlfriends father. He remembered how he hadn't washed his hands since having a wank and awkwardly made eye contact with him. It was a Wankshake!