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procrasturbate 

1.) To waste time (procrastinate) by pleasuring oneself (masturbate), putting off other work that one should be doing by masturbating.

2.) To screw oneself (figuratively) by not doing work when one should be.
I had an english paper due, but I spent all day yesterday procrasturbaiting, and boy am I in trouble now.
procrasturbate by spizzman November 30, 2004

procrasturbate 

to masturbate when you should be doing something more constructive.
I should have been doing laundry but I decided to procrasturbate all day instead.
procrasturbate by IAmLanky January 18, 2009

Procrasturbate 

to pleasure oneself while deferring action of another task.
replacing a responsible and necessary action with masturbation.
while conducting research online for school work, eddie quickly began to procrasturbate when a pornographic website suddenly took his attention in another direction.
Procrasturbate by pezlikecandy June 20, 2011

procrasturbate 

(v) To waste time pleasuring oneself.

Background: Term coined by Bernard Bangwanger to accurately describe his daily activities.
Having nothing else to do, Bernard decided to procrasturbate until he passed out.
procrasturbate by Branden Hart October 20, 2004

Procrasturbate 

Aus. v. The art of postponing work to meet with Pamela Handerson.
Whilst I was urgently required to complete a report I did not want to work on, I was also in need of dishonorable discharge. So I started to procrasturbate.
Procrasturbate by BoredMiner April 22, 2009

Procrasturbate 

The act of masturbating when you have other things to be doing.
Man I have this book report due but it's ok if I procrasturbate first, now I have to come up with some bull-shit excuse to tell my teacher.
Procrasturbate by Shaunquavious March 20, 2010