A combination of two words, namely "what's" and "that".
A lazy, slang way to ask the question "What's that?"
Boy 1: "Hey did you hear about Daz and Sarah gettin' nakie in the club last week?"
Boy 2: "Wassat?"
Anatomist: "So I was studying the Hyopglossal nerve today and discovered it wasn't as close to the ansa cervicalis as I had previously thought."
Uneducated person: "Wassat?"
Pervert: "I bought a whiz bang sex machine with double pop rivets today."
Naive person: "Wassat?"
1. A word often used in a phrase to express despair at a dire situation.
2. Also can be used as a way of insulting someone, or inferring you don't care about their whingeing.
3. Can be used as a random comment.
"Oh man, that sucks the dild."
"Go suck a dild."
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