spank it Share definition Flag To masturbate. Present: spankin' it Past: spanked it. "Spunked it" works, too. Harrison: What'd you do today? Elizabeth: Wrote an exam, went to work. I'mma go home now and spank it. spank it by SPee[d] January 3, 2008 0 0 Get merch Get the spank it mug. Buy Now — $32.95 See more merch