While the exact meaning is simply a non-functioning flaccid penis, the term has vast connotations and application.
Calling a man a limberdick says he is unable to perform even the most basic and primal primal functions.
Limberdick maybe combined endlessly with other vulgarities to achieve remarkable curses, such as the now famous "limberdick cocksuckers". An epithet that calls to mind a man unable to get anything right; who then sucks cock as a means of getting things done for himself, in other words a politician.
All in all Limberdick is a delightful word. A flexible curse certain to find its way into use in all forms of public speech.
See also the less effective but more commonly used limp dick.
Say Tad don't be such a limberdick. Before you give up try to do itfirst.
I voted for that limberdick cocksucker and now against all odds he is screwing me.
A clitterdick is when you have your pants so tight that your clitter looks like a dick.
"You know what, it's Lady Gaga's fault! For wearing pants so tight. Her clitter looks like a dick." Shane Dawson explains. "Gasp! ClitterDick should be a trendy topic on Twitter." Amazed. "Just put it after everything."
Something that young black girls, specifically in their teens/20s, call white guys, specifically to confuse them.
"I caught the closing elevatordoor for her so she wouldn't miss the elevator at my hotel, and she called me Glitterdick. She smiled, makes me guess it wasn't mean spirited but who knows."