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2.
When an individual has a spank of the monkey because he has become so horny after smoking dank and there are no bitches around to satisfy him.
This white caucasian is here to tell you that there ain't no spank like a dank spank.
by Buggieboy April 10, 2008
 
1.
A phrase commonly used by youthful action sports enthusiasts referring to something that is best, awesome, killer, amazing, or sick.
"Dude, that surfboard is the Dank Spank!"
"Bro, that skate park was the Dank Spank!"
"Homey, that jump you did on your bike was the Dank Spank!"
"Hey buddy, your boat is the Dankest Spankest boat I've ever seen!"
by American Dankster July 16, 2012