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Yanking It 

Humping your fist with your flesh harpoon.
Marcy walked into her bathroom only to discover David yanking it in front of her sink.
Yanking It by Lazynutz July 7, 2005
Related Words
Yiking is a dance similar to twerking because the just of it is gyrating your body. Yiking is when the female dips and rolls her body, and also swivels her butt from side to side. Meanwhile the guy holds her hips and grinds on her backside, it's usually done at clubs or parties more popular on the EastCoast than WestCoast and is much more difficult than it sounds. Overall if you know how to do it well, safe to safe that Undercover Freak status clearly exist.
Example: Suzie was yiking on Bob at the party last night, they were getting it in.
Yiking by Ty_Kiloni August 26, 2014

yacking off 

To talk incessantly for ones own personal pleasure.
Instead of work he's been yacking off all day.
yacking off by Len and Nicole July 12, 2007

yanking your cock 

Basically when someone says something just to fuck with you, and it turns out to be a lie.
Khloe: "Hey babe, my hot friend wants to come over and have a threesome with us."
Ryan: "What? Really?!"
Khloe: "Hahahahaha no bitch. I'm just yanking your cock."
Ryan: "Fuck you hoe, that ain't cool."

you're yanking my chain

An Amish saying that was created after people first heard about Jesus coming back to life. Today, it is commonly used when hearing about something astounding that seems like a lie.
Jebidiah: "Hey Jakob, did you hear about that Christ dude that died the other day?"
Jakob: "Yeah man, that was pretty dramatic."
Jebidiah: " DUDE I heard he UNDIED."
Jakob: "No way dude, you're yanking my chain."

Yanking the bishop 

To masturbate, preferably with one's virgin penis. It is also important to note the shape of the Bishop's chess piece.