The act of stimulating a male's genitals manually by the owner or by another person, sometimes resulting in orgasm. While this could also refer to manual stimulation of the vagina, clitoris or rest of the vulva, it is much less common by this term.

This is a play on or continuation of the term Hanky Panky, a term that refers to sexual dalliance.
She is coming over later to mess around. I don't think we will go all the way, but there will likely be some Yanky Panky.
by Slango Tango January 12, 2019
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A term used by parents to describe naughty business, on preferably a couch.
"You and that girl arent doing any of that hanky panky bullshit down there while that door is closed. you hear me son?"
by Brian P Wang June 27, 2006
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When a Left 4 Dead Tank Charges you and proceeds to:

1. Brutally murder you

Or

2. Get pwnd by your autty
ZOMG the Tank killed you!! How'd you like that taste of Tanky Panky?
by Corster March 4, 2009
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v, the act of light hearted sex often repeated more than once at a time usually ends with giggles and satisfaction.
i totally just heard somebody having hanky panky time down the hall.
by mr. hanky panky February 4, 2010
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Don Panky’s Mafia is a secret cult that is only know by the enlightened ones. Once selected you will be taken and put through serious trials and tribulations. Upon completing the hardships you will enter the brotherhood. Once in the brother hood you will be under the protection of Don Panky. Anyone who who does you wrong will be faced with retaliation and death.
Collins: I’m gonna beat the shit out of you
Caleb: Better watch out I’m under the protection of Don Panky’s Mafia
Collins: Oh fuck nevermind
by Don Panky February 7, 2018
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Sexual activity 'hanky panky' involving at least one person called Frank/Franky/Franko and both people have Wanks.
"Hey baby, I think you're amazing. Feel like some Franky Panky Wanky? I promise I won't respect you or myself in the morning."
by Akritiri February 22, 2017
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Receiving a handjob from your partner while they are wearing a budget Frankenstein mask
Yo bro, last night I had the most epic Frankie-Pankie Wankie, it was an utter monster wank!”
by MouseStew October 19, 2020
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