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1.
A person who studies English or Literature at any level higher that Higher/A-level, eg. Advanced Higher/HNC, HND, Post-Grad ect.
'Whats James doing?' ' Analysing his English book' 'Word Wanker!'
by Bazb November 28, 2011
 
2.
Someone who makes up shit words.
That guy just said "Sex Monkey", what a Word Wanker.
by Heavymetaldude. UG FTW! June 28, 2008
 
3.
A person who types random words or phrases into search engines in a vain attempt to find some sort of happiness to occupy their usually sad, loneley lives.
"loom at him, wasting his study time on google, what a Wordwanker"
by CRaZED October 15, 2004