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spankruptcy 

A person may declare spankruptcy when they have been spanked so many times that their butt is sore, and they cannot withstand any more spanking. The person who declared spankruptcy will be eligible to sit on a soft cushion seat rather than a hard seat until the sore area has healed, at which point they will receive more spankings. Also, spankings will not accrue interest during this period of time.
I wanted to keep spanking her, but she declared spankruptcy. Damn, now I have to bail her ass out.
spankruptcy by sreebecca August 13, 2011
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Spankrupt 

1. Someone who has insufficient assets to cover their sexual urges

2. Someone who, due to a low reservoir, is unable to re-inflate himself after the first release.
1. Man, I need to start meeting some new girls. I'm going spankrupt over here!

2. "What do you mean you can't go a second time?! You're haven't gone spankrupt on me have you?"
Spankrupt by chordstricken January 15, 2009

Skankrupt 

To owe so much sex that you're... "in the hole"
Your mom is so deep in skankruptcy with me I think she may have to take out a whoredgage.
Skankrupt by Shitlord July 20, 2010

Spankrupt 

The lack of imaginary partners to focus and fanatize about during masturbation.
If I dont get laid soon, I'll go spankrupt!

I need to get out, I'm in danger of going into spankruptcy!

That's nasty Bro! The though of having sex with her has left me spankrupt!

I've been hand firing it so much I'm going spankrupt!
Spankrupt by Tugjake October 28, 2010

Spankruptcy 

(noun) The state of figuratively or literally losing the ability to access your amassed collection of physical or virtual masturbation imagery.
My wife is so insecure that she wiped out the spank bank on my laptop, putting me into spankruptcy!

If I can't come up with something worth roughing up the suspect to I'll lose interest in myself and end up in spankruptcy!

spank bank spankrupt full spank spanktank
Spankruptcy by MrLzrd June 3, 2011

skankruptcy 

'The economy is so bad Paris Hilton declared skankruptcy!' -- Jay Leno
skankruptcy by mrmojorisinva April 28, 2009

skankrupt 

when a skank got you open to the point you drop the ball on your paper chase and run out of stacks.
that skeezer was in my pockets so hardbody that i couldn't make time to grind. i'm broke nigga! skankrupt!
skankrupt by basedillac October 16, 2011