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wankerbate 

1- Yet another term for masturbating

2- The act of masturbation ("wankerbation")

3- A worthless jerk-off ("wankerbator")

4- Speaking, singing, or writing alot without saying anything at all ("verbal, lyrical, or literary wankerbation")
It's time to wankerbate!

It seems that Luke is one with the wankerbation, Emperor.

Get out of my face, you damn wankerbator!

While some may find the works of (insert annoying author here) to be enlightening and insightful, I am quite turned off by the excessive amount of literary wankerbation that this asstard uses to completely dance around anything remotely resembling a point.
wankerbate by Batrastard April 21, 2003
Related Words

Yackerbate 

To talk to oneself.
He was caught yackerbating.
Yackerbate by Ginko July 27, 2003

Wankerbate 

To wank it in class, or in a school bathroom.
What John Croden did.
Wankerbate by Cody Longpré October 6, 2004

Yackerbate 

to be cought talkin to ones penis
"omg, i just cought charlie yackerbating"
Yackerbate by supermark November 27, 2003