Top Definition
Informal term to describe Asian films in, but not limited to, South Korea. Hallyuwood originally came from South Korea as it incorporated the words hallyu (which means Korean wave) and -wood which is inspired from Hollywood. Hallyuwood is now used to informally describe films from Asia.
Jeamin: Did you watch Bae Young-joon's latest hallyuwood flick?

Minsu: I sure did and it was such a tearjerker! Let's go see it together!
by asian-lover October 16, 2011

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