An Australian synonym for "wanker" derived for the Cockney expression "Wally wanker". Slang for one who masturbates. Often used as an insult, or, as friendly chide.
Ian: G'day Robert, did ya hook up with that Shela from the pub last night?
Robert: Film at 6:00, ya wally.
by AussieDave58 November 16, 2012
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Clark's Wallabees boots and shoes.
Those cream wally's are ill.
by Zeke January 12, 2004
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Wally started at Bickershaw Festival in '72. A bunch of us went there with a large tent, and arranged there would be one cook. He agreed, on condition he cooked only when bands he didn't like were on.

Between bands there were circus acts, wirewalking etc, and a guy jumped into a 'barrel', actually a huge pool, which promptly burst, spilling gallons of water at the front of the stage, after it had been raining all night. Nobody wanted to stand there afterwards, except a Scottish lad called Wullie from our tent, who always went everywhere in his bare feet anyway. So...

A boring band would come on, Joe would start cooking, and we'd shout down to the front for Wullie when it was chow time. It was a 3-day festival, and after a while Wullie mentioned that lots of people were calling him, not just us. Some people wrongly made the connection between the boring bands and the call "Wullie ", which is Wally to English ears...

At another festival later, the NME did a review mentioning "and the hippies shouted at the bad acts, calling them wallies", and another word was born.
I've told everybody this true story for 30-odd years and if you don't believe it, you're a wally.
by Jim Johnston May 27, 2005
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A person who doesn't know what is happening to them or why they are waiting for such a long time in a particular place.
"Just Made"
Then popped in this lovely bag
So you don't have to wait around like a wally.
Slogan used by the food chain Pret a Manger.
by David Hogg October 7, 2006
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Verb. To drain all manner of enjoyment out of an event or situation.

Origin: Melbourne, Australia.
To wallis one's birthday.
To wallis the fun out of New Years.

To wallis my life.

She completely wallised my trip to Thailand.
by Mr Furious December 27, 2010
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What you call someone or something that fucks shit up
Your going out with a hot babe tonite, don't Wally it by getting fucked up.
by Sincityhard1 January 5, 2020
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To do something to such excess that it becomes ridiculous.
John: I'm going to go see the new X-Men movie for the 37th time tomorrow, wanna go?

Marc: Dude, you're wallying. Stop.
by SharkMarc March 26, 2018
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