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To exchange something for the exact same thing you traded, or to trade something for the same thing you offered as a trade, or to make something that ends up being the exact same as the source material.
Tinking:

To exchange a dollar for a dollar.

To make gold from gold, or buy (the same amount of gold) with the same amount of gold.
tinking by Ronnie Dickface August 22, 2009
Related Words

Ticking Time Bomb 

An individual who is so clueless, reckless, stupid, or careless, that it's only a matter of time before they cause serious harm to themselves or someone around them.
Whenever you see a Toyota Corolla with it's back bumper taped together with duck tape pressed on half ass, and the front bumper straight up gone, it's a pretty safe bet that they're a ticking time bomb and they're a terrible driver who needs to be avoided at all costs.

Ticking Time Cum

When either your phone or your cumputer is at 1% and you have a race against the clock to get that cumsplosion off beofore your battery goes dead.

This is one of the hardest things to master in the world of masterbation.
Harder than the monkey grip-teste squeeze, and yes even harder than the russian jack knife.

Don't get it twisted though, once mastered, the Ticking Time Cum is not only among some most satifying of splooges, but its a great party trick, and will impress all the bros.
Davis: Bro last night I finally mastered the Ticking Time Cum. I was scrolling through the hub preparing my content when I realized my phone was on 1%! Leaving me with little time to spare, I lazered in on my go to, Brandi Love. I yanked that shit like Ive never yanked before. I made it with just enough time to spare, my phone died 4 seconds after my climax. It was exhilarating.

Grant: That is some impressive shit right there bro.
Ticking Time Cum by EnemaBucket September 28, 2020
when your chillin and wastin time.
john:Hey, what's up dude

mike:Just tiking at home. How bout you?
Tiking by Riddlebox17 February 11, 2010

box ticking 

the fact of doing something just because there is a rule that says that you must do it
A lot of what the care home inspectors do is simply box ticking.

Risk assessments are an essential part of ensuring health and safety. They are not just a box-ticking exercise.
box ticking by Mr. Ronaldo December 31, 2016

titting about 

Messing around, not getting anything done. Typically used in place of "procrastinating".
"I haven't got anything to do today. I guess I'll just be titting about on the Internet."

"Quit titting about and get some fucking work done."
titting about by Fuqmin April 28, 2014