Camwank(V): To masturbate while one's webcam, or any moving image recorder/processor is turned on and someone is watching what your camera is seeing.
"Man, she's such a slut, last night on MSN she asked me to camwank for her!"
"OMG WTF LOL ROFL LMAO!"
"...die"
When a guy has shown his appreciation of your beauty by masturbating infront of his webcam for you
'I was online last night, chattin to some guy and I got camwanked! Can you believe it!?'
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