Hagw is an abbreviation for Have A Good Wank. It is pronounced Hag-wa. It's commonly used as a goodbye gesture at nightime.
Luc: Well im gonna crash man
Ron: Aiite hagw bro
Luc: Hagw
by LoveCarmen January 19, 2007
Have a good weekend.
The job is complete.

HAGW,

Bill
by Captain Ibuprofen June 16, 2008

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