To pank is to wank and poo simultaneously. Much like poopsterbating

/ poopsterbate ... but British.

A jack off buddy (from 'cum' /'come', meaning 'semen', and 'companion'); a friend that you get together with for sessions of solo or mutual masturbation
Variant of: cumpanion (from 'companion' & 'cum'); jack off buddy & wank bud & JO buddy
Similar to: fuck buddy

the act of pleasuring yourself whilst excreting.

The act of masturbating whilst simultaneously defecating.

Formed by the amalgamation of two more commonly known words, 'Poo' and 'Wank', the situation of panking can be described in a number of ways, e.g.

'Going to Pankistan'

'Watching the Shawpank Redemption'

'Trying to navigate Pank's Labyrinth'

'Taking a loan out from the Royal Pank of Scotland

Pussy ass skank

The combination of the words "Poo" and "Wank"

these two activities occur at the same time when "Panking"

Push one out while you Pull one off

A Tug and a Turd

To hangout, meet, or chill with your friends. Typically includes smoking weed however is not exclusive to it (see getting h’d). The word can be applied in many ways, commonly after the activity being described: boat pank, mud pank, or cave pank are all common uses.