Spankers meaning : Someone who spanks. An instrument used to give someone a spanking or spank, such as a paddle. A fore-and-aft gaff-rigged sail on the aft-most mast of a square-rigged vessel. A musician who plays his instrument well. A small coin. One who takes long, quick strides in walking. A swift horse. Something very large, or larger than usual; a whopper. Something splendid; a fine example of its kind.