To 'bang your wood' is to mastarbate.
1. Used by teenage boys when sharing stories about mastarbating, with out having to use the word 'mastarbate' 'cos they think its funny. (They need to get a fucking life!)
2. Also used by dirty old men when talking to young women.
1. "Guess what i did last night, BANGED MY WOOD!!!!!!!!"
2. "Do you want to bang my wood young lady!?"
by Chris Clark March 16, 2005
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To hang out in a gang together, to be part of a group or click. To be a member or best friend and spend a lot of time together hanging out. Spending a lot of time together.
A person may say to a friend about another friend, "We bang wood, she is part of our crew."

I say to my friend Amy, that I band wood with Jillian.
"We band wood." "She is always with me."
by ms. w January 8, 2006
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A similar phrase to knock on wood, however it is used when one hits their erection on an object, typically the underside of a desk or table when standing up.
1: *hits erection on desk*
2: Ha, bang on wood.
1: What?
2: Bang on wood. You hit your erection.
1: Uh, ok.
by PoehlerBehr September 4, 2018
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