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1.
When after jacking off you cum on yourself and let it dry.
"I fell asleep last night after jerkin' it and accidently gave myself a vanilla freeze!"
by Dex Rardin July 23, 2006
 
2.
The act of ejaculating and allowing the semen to dry wherever it may land.
Gage forgot to wash the vanilla freeze off his stomach before he took off his shirt when we went to the river... what a fucking cumrag
by tryadifferentname... July 23, 2006