An aggresive and prolonged form of masturbation resulting in a chaffing and subsequential bleeding of the male genetalia.
Jim: Sorry you couldn't hook up tonight at the club. Hang in there man you'll get past this dry spell.
Gary: Thats alright I'm going to go home and spank it bloody to work out some of this frustration.
Gary: Thats alright I'm going to go home and spank it bloody to work out some of this frustration.
by Tdwg February 21, 2009
Get the Spank it bloodymug.