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1.
When you Bend/Work Any of the Simple chords on Guitar , typically used for country songs.. named after Hank Williams Jr.
"How do you get your guitar to make those twangy transitions?"
"Ya Gotta Hank It!"
by RadNad™ January 29, 2012
 
2.
Putting a condom on only the tip of your male member so you get the feeling of going raw dog, but do not spill your swimmers as to get someone pregnant.

Hank-It (Future)
Hanking-It (Present)
Hanked-It (Past)

AKA Half-Raw
Carmon was a little too skanky to go full raw dog, but I am willing to Hank-It
by NNDdefines February 19, 2011