The act of shaking hands, where one party holds on to the hand while punching the other in the face, while still shaking.
After greeting his old boss, he gave him an American Handshake.
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During intercourse after you have inserted the penis, you insert your hand and grasp the penis and beat yourself off till completion inside of her.
"Yesterday night I was banging this of-age women and I gave her the good Ol' All American Handshake. Roll Tide!"