Cockney rhyming slang for wank (to masturbate).
Derived from "Jodrell Bank", the Jodrell Bank Observatory in Cheshire, home to the 76-m Lovell Telescope which shot to fame when it tracked the Sputnik satellite in 1957.
Common usage "I'm off for a Jodrell"
by h_goon November 16, 2006

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