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2.
The fine art of having a wank whilst simultaneously taking a dump.
Dude 1: Whatcha get up to last night man?
Dude 2: Stayed in and had a well good wankshit.
Dude 1: Sweet!
by psyclopse October 04, 2007
 
1.
A complete dickhead who publicly performs disgusting stunts to make himself look cool/hard.
"Dean you wankshit, get that shit out your mouth"
by Zoeish May 09, 2005