To masturbate , usually associated with guys.
Rather than work hard, Rob would rather stay home and punch the clown.
by Chris March 14, 2005
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to punch your boner till you ejaculate
i'm a sick bastard who likes to punch the clown, sometimes i give it indian burn
by Anonymous July 23, 2003
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originally a reference to a children's toy. the clown (or whatever character-- i had heman) was a weighted bottom blow-up punching bag. it was designed to pop back up to a standing position when knocked over. essentially, punching the clown is a useless act which accomplished nothing. often used in reference to menial tasks and bureaucratic corporate jobs.
i do about fifteen minutes of real work everyday, but mostly i just sit around and punch the clown.
by badronnie October 13, 2004
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