Literally one who masturbates. Used as a derogatory term, similar to "bastard" or "asshole", chiefly in the United Kingdom.
(Bono talking to Homer)
Edge (to Larry): Oh here we go again. What do you say we slip out to Moe's for a pint?
Adam: Can I come?
(Edge and Larry Exchange glances)
Edge: No.
Adam: Wankers.
by Flannel Flyer May 07, 2005

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Another insult like bastard
"Fuck off you little wanker"
by Eva November 16, 2003

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British slang for an idiot or fool
Get away from me you bloody wanker!
by crazy_guy February 13, 2012

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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

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You.
Wanker, definition: See above.
by Sgt. Wankington November 30, 2009

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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

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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

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