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lasterbating 

Masterbating so much that your dick falls off and that is your last time masterbating because your dick fell off
Jim: hey what were you doing last night?
Me: I was lasterbating.
Jim: Dude, your dick fell off?
Me: Yep.
lasterbating by Vagina McNuggets September 23, 2012

lobsterbation

1. A woman purchases a live lobster.
2. She inserts the tail into her vagina.
3. She burns the lobster's face (for maximum class, she uses the Virginia Slim she's currently smoking).
4. The agitated lobster will wiggle its tail, recreating the effect of a vibrator, albeit an oddly-shaped one.
After putting together her Hoosier Hysteria High School Baskteball puzzle, Erin retired for a relaxing evening of Virginia Slims and lobsterbation.
lobsterbation by ssaaaammm September 7, 2005

loiterbating 

noun,the act of masturbating while loitering. some popular places for loiterbating are: 7-11, walmart, and costco.
Hey bro I was loiterbating at 7-11 yesterday with my girl.
loiterbating by da bombbater June 18, 2011

Losterbating 

The quick viewing of a back dated episode of the greatest show on international television, LOST. You generally only need to losterbate if you cannot contain your excitement for the next episode of LOST.
"Dude, Thursday is soo long from today!"
"Dude, you gotta engage in some losterbating. Try it with lube, it's way better."
Losterbating by escapeartist88 January 31, 2008

Lofterbating

The act of jerking off while in IM's with someone in a chatroom.
I was lofterbating while Jeannie was telling me about her girlfriend in IM'swhile I was in the chatroom.
Lofterbating by Cyber Kong October 10, 2005

lobsterbagging 

As a method of birth control, a man shoves his nuts up into his body. He then ties the bag off with a hair tie, thus preventing them from dropping down into the scrotal sack. Science has proven that leaving the nuts in a lobster bagged position for 4 hour hours a day is an effective temporary birth control. The appearance of his bag seems to be that of a lobster, hence the term lobsterbagging was coined.
John: C'mon Mary, lets do it!
Mary: But John, the pope said condoms are a sin and I don't want to get pregnant.
John: It's ok, I've been lobsterbagging for the past 2 weeks. It's all dead down there.
lobsterbagging by ramfungdunctual September 12, 2013