1. A word that is used to describe some pretty fucking spicy memes. Only the best of memes fall under the rank of dank. Such as, for example, lolCats, Doge, GrumpyCat, and SpongeBob memes.
2. A word that is used to describe some high-ass quality weed.
3. A word that is overused by dumbfucks that don't have any idea what it actually means and use it constantly to sound impressive, or cool but in the end only fail and end up looking like a bigger idiot than Miranda Sings.
4. Archaic: A word to describe someone who is on the high.
1. Doge is a very dank meme.
2. HOOO-WEEEE! THIS SHIT IS DANK AS FUCK!
3. example conversation
Dumbfuck: This food is dank (is eating McDonalds)
Me: You're pretty dank too
Dumbfuck: Really?
Me: Yeah; you're fuckin' high, a dumbass, and luckily your dank level is only a little bit brought down by how fuckin' gay you are.