To procrastinate, with masturbation, often to avoid schoolwork.
Active: procrastinbation/procrastibating
Noun: procrastibator
Past tense: procrastibated
Post tense: procrastibate
Jake: Hey, english app is due on monday, have you finished?
Gus: Nah, I think i'll probably just procrastibate all weekend and do it during mondays lesson.