dinkwallet Share definition Flag A dinkwallet is a derogatory term for slut. Just like a wallet is use to hold money, a slut is used to hold penis' Fuck you dinkwallet. Man that girl must be one tight dinkwallet. dinkwallet by SamBoo September 6, 2005 0 0 Get merch Get the dinkwallet mug. Buy Now — $32.95 See more merch