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Vampire squid refers to any large private or public organization that is a major drain on society through malicious but subtle or invisible actions. These organizations usually get away with what they do because of corruption within the society's regulatory structure.
"The world's most powerful investment bank Goldman Sachs is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money."
- Matt Taibbi, Rolling Stone, "The Feds vs. Goldman Sachs", 2009

The military industrial complex is like a vampire squid that is sucking the capital out of the pockets of the average American.
by Cocomaan May 26, 2010
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Right before you have passionate love making with a beautiful woman, you lay on top of her, bite her neck, flail around like a squid of out water, and then jerk off hence inking all over her face
Last night my boyfriend did a pretty mean vampire squid.
by VaginesSlayer April 24, 2015
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