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From ARRSEpedia

n. Another term for male ejaculate.

See also jizz, man gravy, baby gravy, grumble mayo, man chowder, manfat, Man lard, crumpet batter.

v. To waste money e.g. I see the MOD's just spunked £3m on another failed project.

The inadvertent leakage of spunk whilst drooling over the hoped for potential action with a foxy chick is known as Creme De Pants.

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