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1.
In the UK and the Commonwealth, a strongly derogatory and deliberately vulgar term for a buzzword, signifying that it is worthless and meaningless jargon. Wank words may be short phrases as well as single words. The word is most often used of corporate, official, or academic language.

Also, wank-word bingo: See example. Also known as buzzword bingo or bullshit bingo in various places throughout the English-speaking world.
Before the meeting, Rose slipped everyone a sheet of paper. Each piece was ruled into a 5x5 grid of squares. Each square was filled in with a typical corporate wank word, and each sheet had a different combination of wank words.

Rose told everybody that they could make the meeting more interesting by playing wank-word bingo. She advised everyone to mark off any wank word Sir Charles uttered, and that the first person to mark off five in a line, vertically, horizontally, or diagonally, would be the winner.

Sir Charles began his presentation, and quickly came to speak of mission, vision, rightsizing, human capital, synergies, ecosystems, stakeholders, taking ownership, performance challenges, and negative outcomes. When he spoke the word "solutions", Nigel jumped up and yelled "BINGO!" Hasty and not entirely plausible explanations had to be made immediately after.

(Note: All of the above names and characters are fictional. The characters bear only coincidental resemblance to any specific individuals.)
by Leslie Doppler Hammond March 16, 2008