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The art of (Especially in a video game) doing nothing to counter (I.E. dodging, parrying, ETC. (Typically an effect like a buff that raises defence would not fall under this category)) a damaging blow, (Typically a heavy attack or flurry of attacks) typically without dying.
Player: "Geez he really tanked a sniper rifle shot? He should be dead. God damnitt I hate ping so much get gud internet bro"
Nerd: "Tanking is possible with the perk e-"
The player's IRL gun: "bang"
Tanking by damnboihethic69 November 15, 2021
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Tanking It 

A person that's completely lying about the truth.

When everyone knows your lying but you proceed with lying.
(Guy1) I stick potatoes into car mufflers & watch the cars blow up.

(Guy2) MAN HOMIE, WHY YOU TANKING IT ?!?!?!?
Tanking It by mr. lan September 14, 2009

Tanking for Oden 

To slowly stop and shut down any action, task, or goal that you and or a group may be performing.
1. 2006-2007 Boston Celtics

2. Jeff: Bill's been slacking off a lot at work lately.

Fernando: He must be tanking for oden.
Tanking for Oden by Jake Baroni March 21, 2008

tanking the whale 

A term used to describe having sex with someone who is large or has less than desirable physical qualities. It was coined one night when a invitation was sent out to join a party with a "extra large" sorority. When considering to accept said invitation, a man we will simply call JJ calmly said "lets do it, lets tank the whale".
So i went to that girls house the other night and we started to get it on until her room mate walked in and totally saw me tanking the whale.
tanking the whale by Thom Burney November 25, 2007

Tanking out 

To overeat, overconsume or overindulge in food, drinks and dessert. An adjective of the word tank to refer to someone of a larger stature who typically eats ALOT!
I can’t wait to start tanking out on all that food. By the end, I’ll definitely feel like a TANK!
Tanking out by HannieJamZ December 31, 2021

Tanking in the Warrior’s Chariot

A sexual practice in which one party sits on a toilet without the toilet seat down and enters the other party anally, creating a motion which drives the penetrating party deeper into the bowl of the toilet, away from the tank. Risks associated with Tanking in the Warrior’s Chariot are principally associated with the penetrating party ‘riding too high’ and being injured by the lid to the tank as a result of aggressive movement.
I was Tanking in the Warrior’s Chariot last weekend with my girl, and I didn’t pay attention and the damn tank lid hit me in the head.

Tanking in the Warrior’s Chariot

A sexual practice in which one party sits on a toilet without the toilet seat down and enters the other party anally, creating a motion which drives the penetrating party deeper into the bowl of the toilet, away from the tank. Risks associated with Tanking in the Warrior’s Chariot are principally associated with the penetrating party ‘riding too high’ and being injured by the lid to the tank as a result of aggressive movement.
I was Tanking in the Warrior’s Chariot last weekend with my girl, and I didn’t pay attention and the damn tank lid hit me in the head.