A term used by homosexual members of a Jewish Country Club aka "Powerhouse of Excellence" fraternity at the University of Florida. By using this term, you are clarifying for everyone that you are truly a homo and enjoy getting tube steak rammed into your anus where it can gape open. After boomshay and hairies was taken away from this fraternity, Awa Waza became the new term used and has taken it by storm.
"Hello fellow brother, my name is Larry Bernstein, Awa Waza."
"Wow Larry you are truly a faggot."