The act of
masturbating whilst
simultaneously defecating.
Formed by the
amalgamation of two more commonly known words, 'Poo' and 'Wank', the situation of panking can be described in a number of ways, e.g.
'Going to Pankistan'
'Watching the Shawpank Redemption'
'Trying to navigate Pank's Labyrinth'
'Taking a loan out from the Royal Pank of Scotland