When a sports team loses on purpose. Usually done at the end of the season to secure a better draft pick for next year.
Guy1: Man, this team sucks.
Guy2: Yeah, but their tanking anyway to get the 1st overall draft pick next year.
door Daze80 2 februari 2007
The act of drinking tea whilst masturbating (wanking).
The new guy was caught tanking in the crib room last week
door BGR3 26 juni 2016
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