Synonymous to classy. From an early bicyle manufacturing company named Schwank. These were upscale bicycles around the 1940's. Expensive, flashy, and painted bright red with white lettering of the word "schwank". those lucky children who could afford these bikes were known as schwanks. The noun eventually transcended to become a verb when people began comparing something classy to Schwank bikes; schwanky.
Why is Billy driving that busted Jeep Pacer? What ever happened to his Schwanky Audi?
by Ryan C. Martin May 6, 2007
Get the schwank mug.
a sexual act combining defication with masturbation
"i'm off to the loo for a schwank.... shan't be long"
by jeff wode May 9, 2004
Get the schwank mug.
To schmooze with a bunch of wankers (popular term in Australia for people who are tossers, big-noters etc.) - hence "sch-wank". So you use the word to explain that you have to spend time sucking up to people you don't particularly like or rate highly, usually for business purposes.
"I spent last night schwanking at the Annual Marketing Awards."
by Nicko Longabaugh May 29, 2009
Get the Schwank mug.
In some languages means Penis. And also is a dirty magazine in Germany.
Did you see the new Schwanke magazine?
by Kansasgirl October 12, 2008
Get the Schwanke mug.
someone who is super hot.
like a radiator.
girl: yo. what up?

guy: did it hurt when you fell? you know, the fall from heaven? cuz girl, you must be an angel.

girl: nah, i'm just schwank that's all.
by barT May 3, 2003
Get the schwank mug.
one of the many ways to express pleasure during sexual activities. good for explaining your actions afterwards.
person1: errr schwank schwank... eee-rr eee-rr owwww!
person2: dilililoop! dingdong!
by yoshi February 27, 2004
Get the schwank mug.