1 definition by hippy from land down under

something which is awesome, rad, or just plain amazing and slightly crazy. this can be used in the place of words such as cool, funnky, and is condensed version of typical phrases like "damn that shit is whack"
"skankadank, this is goooood banana"

"Oh, skankadank, we won the super bowl"

"dude, MILF dont explain your mum. she is skankadank
Get the skankadank mug.