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Masturbating under a short time limit, usually five minutes. The term is shorthand for 5 minutes with 5 fingers.
We had to leave the party early. After making out with that dyme I had to 913, so I ran into the bathroom for 5 with 5.
A square of 5 by 5 blocks in downtown Toronto, bordered on the west by china town, east by the 'fruit basket', south by the lakeshore, and ends in the north leading into hicksville suburbia. The 5 by 5 is a place populated by a colourful circus of extreme rejects and freaks from all walks of life and if there is anything at all happening it will be happening in the 5 by 5.
If you want to see what's on in Toronto, go to the 5 by 5, if you hit china town turn around, but if you're seeing a whole lot of transvestites and men holding hands, you've gone too far.