1) A facility that collects sperm from donors, usually for the purpose of artificial insemination.

2) A loose, promiscuous woman that collects sperm from "donors", usually for the purpose of oral or vaginal consumption. often in large quantities.
That tramp Beth applied for a job at the sperm bank the other day. They turned her down. They said they were afraid she would "gobble up all the profits".
by Ill Bill B Illin' September 1, 2007
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A fun place to go to when you're broke and/or need to get off. They let you borrow their free porn so that you can rub one out into a cup, AND you get paid! Make sure you don't get a magazine that has "water damage"
You get $50 per visit, but the thing is you have to go at least once a week and go through a pretty thorough screening process. And after 20 or so successful ejaculates, you get $60 per visit.

Getting paid to jerk off. What a deal! Sign me up.
by masterbaiter December 13, 2004
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A woman of loose morals, who engages in promiscuous sexual activity.
Oh man...Lucy is your sister-in-law? That chick is a walking sperm bank!
by antraeindubh March 31, 2004
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The legal way to buy and sell children. Sperm are living things too, you know.
The only thing worth going to a sperm bank is that they pay you once you released your load.
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Facility where you are paid for your saved ejaculations!
Louisiana Sperm Bank, You Squeeze, We Freeze It!”
by Nitrohead21 January 19, 2018
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An individual who really loves semen. Usually used as a cum receptacle in a dogging session. Their methodology is don’t waste a drop..
Hey Dion must of just walked by again, he leaves a trail like a snail out of his ass.. That guy is a mobile sperm bank, think he received too many deposits and is full to the brim...
by Dirk Rictor2 August 2, 2019
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