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Similar to red wings and MILF wings, it is the act of receiving/giving sexual relations with a woman with a ring on her finger (aka: married)
Guy 1: I hooked up with Jane Doe last night!

Guy 2: Isn't she married now?

Guy 1: Yeah haha but she doesn' have kids so I got my ring wings.
by LandShark914 July 08, 2010