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1.
The act of taking a huge handful of baby carrots and shoving them into the black of ones butthole.

Etymology: Comes from the youtube video "Chaw". It is the chronicles of Henry Bankshaft
Dude, so things with Karen started getting hot and heavy, and she totally bankshafted me.

I caught her bankshafting in my bathroom, so i kicked her ass on the street.
by Henry Bankshaft January 07, 2012