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1.
The wave is a sacred and required unwritten oath that applies to everyone who purchases a Chevrolet Corvette. The oath is agreed to upon the purchase of the vette with absolutely no exceptions.

The wave states that while you are in your Corvette, you must signal any fellow Corvette drivers with a friendly (yet extremely manly) wave to acknowledge their presence and their fine taste in automobiles.

Any driver who does not return the wave is a disgrace to the Corvette community, and just looks like a total douche.

No exceptions.
"I was in my C5 Z06 last week, saw a sick C6 rolling down in my direction, so I gave the fella the wave.

He didn't return the wave, so I followed him to his home and burned his house down."
by YHHAWNFTPSHI April 02, 2009
 
2.
This is when you have stadium full of people and 1 section at a time stands and sits with their hands in the air, then the next section does the same immediately after and so on and so on until it goes around the stadium numerous times to create a wave of people.
I started the wave at Monster Park that lasted 20 minutes.
by Mojo Maniac July 15, 2008
 
3.
A sexual manuever: while giving it to your girl doggy style, push her head into the pillow, pull out, have your friend come out of the closet and resume fucking her while you slip out onto the porch. Commence waving.
That bitch shat on my dick when she got a wiff of the wave.
by Fuzzy Chrons November 14, 2005
 
4.
A fantasy football team in the ARU which is never very good led by an owner who despite all efforts will never win entertainer of the year
Dave "The Wave are going to be awesome this year"

Everyone else in the ARU "ummmm sure."
by ARU League October 21, 2010
 
5.
n. - hand gesture signaling the speaker to get to his/her point and shut the hell up.
Senator McCain, wrap it up please. Don't make me use the wave.
by Barry Smith ! October 07, 2008
 
6.
when sacco's friends make motions to show that they know his secret past.
We gave sacco the wave, over and over again during precalc.
by Viewer February 24, 2003
 
7.
a sexual maneuver that is used by virgins where you take a males member and place it near a womans danger zone you move just the same as you would dry hump but no penetration
shane did the wave all night long .
by shane kelly July 10, 2008