When you ask your G/F or wife if they want to have Hanky Panky (sex) and she declines, so you just get a clean hanky or handkerchief and masturbate with it
I asked Mandy if she wanted to have Hanky Panky, and she wasn't in the mood, so I grabbed a blue striped handkerchief and had a Hanky Wanky instead
by Ed kerchief November 20, 2008
A piece of fabric used for mopping up semen after masturbation. An ideal wanky hanky would be about one foot square, in 3-tone cream camo pattern.
by Mark Neilson April 11, 2006
by R. Clayton Jr November 29, 2005
Any fabric implement used for the mopping up of semen after a good episode of one handed love making
by Tempo82 August 5, 2019
by 420XxbunningsnagxX69 September 2, 2020