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2.
Apparently another name for penis
Dave - "are you looking at my penis?"

Gemma - "Uh..Uhh... no, I thought you were wearing waistcoat"

Dave - "Pervert"
by Taffy Tuck February 21, 2008
 
1.
A formal dress item, but also a northern insult of absolutely no meaning
"Your a f**kin waistcoat mate!"

See Devvo -www.fat-pie.com
by Andrew Cook 2 May 25, 2005
 
3.
Apparently another word for Penis
Dave - "Are you looking at my penis?"

Gemma - "Uh..uhh no, I thought you were wearing a waistcoat"

Dave - "Pervert"

by taffy_tuck February 21, 2008