Like twiddling your thumbs, but with a more exciting conclusion.

The act of wanking when there is minimal time left before something important should be done, e.g homework, an assignment, etc.

Procrastibation: The act of engaging in a brief interlude of premeditated masturbation, While something else of obvious importance is left idle.

When you put off finishing your homework, doing the dishes, balancing the checkbook, taking out the trash, feeding the dog, etc., and instead choke the chicken or jill off.

procrastination by masturbating

Noun. the act of masturbating as a means of delaying or putting off work.

-Origin: From the 16th Century French 'Procrastibatíon'

Originated from the words masturbate and procrastinate.

It is the act of procrastinating way over the limit until it all blows up in your face. It rarely feels good as you rather have somebody else do it for you, but in the end all your doing is fucking yourself.