When someone is so hot that you want to "spank your monkey". Derived from delicious being tasty, and spank which means to hit the butt with the hand.
John saw the bikini girl across the way and thought to him self"Thank god there is no bathroom around, because that girl is spankalicious!"
by J-chan October 2, 2007
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Spankalicious. When something is completely outstanding and spank able, Something that will make you go “mhhhhhh”. So if you are in Spankalicious mood just SPANK something or…. Someone ;)
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