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1: to be intoxicated

2: to do very bad in
3: to launch, throw, hit, something very, very, very far.
Bob was tanked last night at the bar.

Bob tanked his math test yesterday.

Bob tanked the golf ball over 6 houses, before it hit a telephone pole.
Tanked by crizpymangos4ever March 17, 2015
To tank something is to do badly or at it, or fail. One usually does this on tests that one is unprepared for. Tanking is the verb of tank.
Me: Man, I just tanked the math portion of my PSATs.
Tanked by Riannea January 4, 2009
Two meanings:

1) Intoxicated, nearly always pertaining to alcohol.

2) When a film does poorly at the box office.

Person A: "Did you see the Hulk?"
Person B: "No. I heard it tanked, actually."
The Hulk
New York Minute
Glitter
Crossroads
Dungeons and Dragons
From Justin to Kelly
The Alamo
The Real Cancun
Troy
Spy Kids 1, 2 and 3
Gigli
Scooby Doo 1 and 2

etc etc etc
tanked by Ryan Thompson July 11, 2004
To be excessively drunk
I went out last night and got tanked
tanked by Chris November 18, 2002
Taking an attack with minimum damage, showing high durability.
The Third Raikage tanked Naruto's Futon: Rasenshuriken

The tank tanked that rocket!

Superman tanked the missile and saved the day.
Tanked by SSM12 September 27, 2012
Damn mang, all those beers got me fucking TANKED. I can't even walk straight.

You feel like getting tanked tonite?
Tanked by eternalcrux December 29, 2003