1. To make a problem or situation worse by masturbating to it. This can be done by either masturbating to the people involved, or the predicament itself.
2. To make a problem or situation worse by masturbating.
Exasturbate is a cross between the words masturbate and the dictionary definition of exacerbate
1. Pete did not realize that he was only making his recent divorce to his ex-wife far more painful by excessively masturbating to her topless bakini photos from the time they spent their honeymoon at a nude beach in France. Pete's exasturbation eventually led him to commit suicide.
2. Johnny really wants to shape up, find a job and become an active member of society. Unfortunately his excessive masturbating is preventing him from finding a productive use of his time. If Johnny really wants to stop living his life cum to cum, he will need to end his destructive exasturbating immediately.