Definitions by Game Grumps

jingledink 

Mainly a tradition of the D-Club, "jingledinking" is the act of tying holiday bells to your semi-chubbed shaft and dancing (similar to the Ribbon Dance, but without the ribbons) around a holiday object (e.g., Christmas Tree, Menorah) in a completely heterosexual way.

"Hey, guys. I know we're all straight, but since it's the holidays, we need to celebrate. Whip out your dink and let's jingle. It's the season for jingledink."

jingledink by Game Grumps February 2, 2014