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procrasturbate 

1.) To waste time (procrastinate) by pleasuring oneself (masturbate), putting off other work that one should be doing by masturbating.

2.) To screw oneself (figuratively) by not doing work when one should be.
I had an english paper due, but I spent all day yesterday procrasturbaiting, and boy am I in trouble now.
procrasturbate by spizzman November 30, 2004

Procrasterbation 

When you spank the monkey to avoid doing real work.
God I really don't want to write this paper..

Procrasterbation is always a good alternative.

procrasterbate

Putting off homework or other important activities in order to masturbate.
I failed my physics test because I stayed up looking at sheep porn instead of studying. I'm such a procrasterbator!
procrasterbate by Gary March 19, 2005

procrasturbate 

to masturbate when you should be doing something more constructive.
I should have been doing laundry but I decided to procrasturbate all day instead.
procrasturbate by IAmLanky January 18, 2009

procrasterbating 

The act of wasting time, or putting off other more important activities by masturbating.
1) Last night was awful; I had a sumative essay to finish, but I spent all my time procrasterbating!

2) 'Where's Ed?'
'I dunno, but he has a lab report to finish for tomorrow and you know what he's like... Probably procrasterbating again.'
procrasterbating by Danp February 1, 2007

procrasterbation 

to put off a responsibility, duty, etc. in order to masturbate.
"did you do the math homework last night?"
"no man, i let procrasterbation get to me and i forgot all about it"