1 definition by Bill Oddie.

The act of loveless sex. The type of intercourse that you might have with a Lady of the Night. Often both parties have come to a mutual arrangement to satisfy each of their needs. Following the act, the participants are often left with feelings of self-loathing and cheapness but this will by no means stop them from persuing further opportunities for a bit of cold dick.
Are you seeing that girl again tonight?
Yea, I'm gonna give her a bit of cold dick.

OR

I need to find some tang. Gonna get me some cold dick action.
by Bill Oddie. June 8, 2012
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