To use the male phallus in a whip-like manner. AKA A Dick Slap.

However, it has two senses, Pank (singular) and Pankis (proper).
I'm gonna pank that bitch so hard.

Yo, that sandwich better come with a pankis!
by don juan dela nooch_cw June 30, 2003
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Perfect, in a romantic way! (The best of love panky and hanky panky )
by JessIsMe December 23, 2014
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When someone (usually a woman) has a strop or a tantrum over something trivial.
During the ad break on Jeremy Kyle:

Me:"Im just changing the TV channell"
Her: "No - Im watching the adverts!!!"
Me: "Oh your gettin all Panky again"
Her: "WTF does Panky mean?!"
by sweet_pee85 October 10, 2011
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refers to an additional appendage found on someone’s hand but a mark of distinction if found on both hands
yo look at adrian, he has a little panky panky
by Tercel September 26, 2006
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What a man does to satisty himself, usually involving the left and or right hand. The hanky panky minus the hanky.
"Chris had a great panky yesterday during his MP."

"He couldn't wait to get home and have some panky time."
by Chastity White Trash March 26, 2010
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A panky is a male/female who is either: a prude, buzz kill, cock block, or negative presence amongst a fun or positive environment.
"Oh I don't know. This doesn't seem fun...."
"I cant, my bedtime is 8:30"
"Why do you guys even go out? There's no meaning to life"
"Ew stop holding hands around me, it makes me insecure about how I will be forever single..."

These are the signs of a Panky
by PHYKE March 18, 2015
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a strange word meaning pancakes in the morman tongue.
mmm these sure are yummy pancakes
by Chris January 21, 2005
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