yanky wanky Share definition Flag Yanky Wanky is when u ou are getting/giving a handjob and are grabbing the skin around the penis almost ripping it off Yo bro, some chick yanky wanky'd my dick last night yanky wanky by ManWithNoBrain August 6, 2017 0 0 Get merch Get the yanky wanky mug. Buy Now — $32.95 See more merch