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A bag of wank, someone who is useful for nothing else but to collect the sex wee of dirty men.
Literal: "Wow Paris Hilton's a real wankbag in that sex tape"

Everyday: "You know that dude Dan? He totally stole my slushee the other day. What a wankbag."
by Aoife Brady September 2, 2007
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hey Betsy, I'm going gunna finger your ass then stick it in your wankbag
by betsy April 10, 2004
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A pretentious prick who loves to talk about black and white movies, different coffees, wines from around the world etc. In other words a douche who talks wank. A self indulgent prick, who loves the sound of their own voice.
John: "listen to that prick at the end of the bar talking about how postmodern Damien Hirst is."
Joe: "Yeah, what a wankbag.
by G-wall May 17, 2013
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Mahattan Wankbag'n

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The act of jerking someone off into a plastic wal-mart bag while in Manhattan.
Justin: How was your trip to Manhattan?
me: it was good, I got jerked off into a walmart bag
Justin: What?! She was Mahattan Wankbag'n!
by sTEAK fINGERS July 2, 2017
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A tiny midget, who would like to "put it inside" anything that walks...
Tubs is a midget wrestling wankbag, and he totall wants to put it inside Joanne
by rjf1986 May 31, 2007
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