1. A collection of visuals that one stores in their memory for future self satisfying purposes (i.e. nipslips, cleavage, thongs)
2. The mental file of all the times one has had sex.
1. Did you see her ass? Ya, I'm totally putting that in the spank bank.
2. Last night I had sex with Lisa, another deposit in the spank bank.
A mental collection of images or sequences, either remembered or imagined, used for quick reference in times where a certain kind of inspiration is required.
a list you keep of the two baggers, psycho women, feminists, butterfaces, reverse butterfaces and other such women you shouldn't date. this no spank bank directory can be shared with other guys in your posse to forewarn them that these women are not date-worthy.