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1.
While "to wank" means "to masturbate", the term "wanker" is seldom if ever used in British slang to denote "one who wanks". It is quite wrong to infer from somebody's being a wanker that they in fact wank (and vice versa), but of course, fair to assume they do in any case. Herein lies the genius of the insult: if you call someone a wanker, it's probably true, but only literally.

I suppose it all originates from our repressed Victorian sexualities, from back when everybody thought they were the only ones to suffer the secret shame of being an actual wanker.

Most children these days learn the word "wanker" long before they learn its literal meaning.
You're such a wanker.
Oh gosh! How did you know?

He lost both of his hands in a childhood kiting accident.
What a wanker!
by anonymous May 31, 2004
 
15.
Another insult like bastard
"Fuck off you little wanker"
by Eva November 16, 2003
 
16.
UK/Aus/NZ slang for:

1. Someone excessively and annoyingly pretentious and/or false, with a strong likelihood of working in the creative industries, especially "new media". Very high populations of wankers are to be found in certain areas of London including Shoreditch and Hoxton; see also Shoreditch twat].

2. Someone with a faintly sociopathic lack of regard for other people; see also arsehole].

3. Someone useless, inefficient or time-wasting, especially in a place or work and/or position of responsibility.

4. A general term of abuse.

5. Someone who masturbates.
1. He spent twenty minutes telling me about the studio's new pathways they're developing in innovative synergistic blue-sky-media treatment concepts. In a fake Cockney-geezer accent. What a fucking wanker.

2. That cunt in the sports car just totally cut me up. What a fucking wanker.

3. He's being paid £25/hour and he just sits there playing Freecell whilst the rest of us do all his work for him, because he's the boss's mate. What a fucking wanker.

4. You're a fucking wanker.

5. You're a fucking wanker.
by snootful October 07, 2012
 
17.
Someone who beats off a lot or too much.
Man Jeff Martin is such a wanker. He beats it like 3 times a day.
by Wanker 88 January 21, 2010
 
18.
You.
Wanker, definition: See above.
by Sgt. Wankington November 30, 2009
 
19.
Literally, wanker is accepted to mean "one who masturbates". The frequency of masturbation required to confer the status of "wanker" upon an individual is open to interpretation, as the insult is used as a catch-all category to include fools, buffoons, idiots etc. They're all wankers - the lot of 'em. The cop who caught you speeding, the politician you just saw on TV, those insipid tossbags moaning about global warming. All wankers.

Rarely, the word is used by some to refer to the penis itself, though this usage doesn't seem to be widely known.
"Paul is such a wanker - he killed a toddler while driving drunk. He's due in court on Tuesday."

"Which one of you wankers ate my schnitzel?"

"Drop your wankers and get over here, I need a hand with this..."
by meconium_sandwich December 24, 2007
 
20.
One who races, yet even dares enter a race course, on twin-tip (or similar) skis.

Born from a coach of some team (location not known) who was practicing on Mount Southington in Southington Connecticut.
Ski team coach: Are those twin-tips you're about to race down the course with?

Wanker: yeah bro.

Ski team coach: Get out of my sight you dirty little wanker
by Joegus the Rogue (Rogaine) November 10, 2010
 
21.
Someone whose only interaction with women is when he is wanking, thinking about them.
S: "I don't talk to girls!"
Y: "Meh, such a wanker!"
by plasmafury May 25, 2010