a rather meaningless expression used to lighten the mood in a tense situation, due to its ability to garner laughter no matter what's going on.
musician: Damn, I just can't play this part right!

producer: pussywaffle.

musician: *laughs uncontrollably, then plays the part*
by jimjam02 April 26, 2010
A dangerous and war-torn pussy. It is the Somalia of vaginas.
Michelle Duggar had a pussy waffle after her latest miscarriage.
by tenaciousday December 17, 2011

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