The act of masturbating while in one's dorm room lofted bed, with or without roommates present. The lofts must be so high above the ground that, upon ejaculation, the discharge sticks to the ceiling.
After returning from class, I noticed the jizz dripping from the ceiling and immediately assumed Fat Jimmy had been lofterbating.
I took one look at my roommate Jim Nugent and was forced to hop in bed to lofterbate.
{verb} Describes a pitiful male's autoerotic process of pouring Listerine on one's hand and/or penis before/during masturbation, usually not because of penile desensitization, but because the male is trying to simulate a listerjob.
(listerbated, listerbating, {noun} listerbation)
I decided to listerbate last night, but it burned like hell and my johnson got all sticky. Also, I spilled Listerine on my mattress, which now smells permanently like gargling.