A west coast term of justification or fairness, meaning "it's all good", popularized by Martin Lawrence in the movie "Black Knight" but often misheard.
Gary: Let me give you some cash for the Beast Lite you picked up.

Big M: Nah, wavin yo.
by JPLehigh June 09, 2005
Irish slang term for a penis. Originates from the company of the same name, a pipe manufacturer.
G'wan, give her wavin boy!
by tfcdub123 June 12, 2006
Black plastic pipe cut into a metre length. Used for the whipping of cattle and naughty children.
Howld on there 'til i bate ya wit me lent a wavin!!
by hardytom January 16, 2009

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