It's a misspelling of savvy. As in the first person's usage by Jack Sparrow, "to understand". That's the same meaning as the correct spelling, savvy.
by JackJ59 January 17, 2010
Saavy is a term used by captain jack sparrow. It is mainly asking if someone understands what you've told them
Tom had told jenny how to figure out the chem. problem when he was finished he asked "saavy"
by CharlieB* November 30, 2007