Jerkwad Share definition Flag A Variation of Asswad. An asshole, unsavory character, cheapskate. Origin: Refence to a peice of Toilet paper used during Male Masturbation. "God You're a Jerkwad Jerry." "Stop being a cheap motel room Jerkwad Jerry and gimmie a dollar!" Jerkwad by Hazard October 23, 2003 0 0 Get merch Get the Jerkwad mug. Buy Now — $32.95 See more merch