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3.
The art of playing on words and how words come together during freestyle rap. Might involve Punches, if not seperetly indicated.

See freestlye
That was some illin wordplay, man!
by Xeneth July 05, 2005
 
1.
Though most commonly used with reference to rapping/MCing to a beat, how an artist plays with the acoustics or meaning of words for artistic effect within song, written verse, poem or freestyle

This includes the constructing of bars/lines with:

words of double/triple meaning for humour or effect.

words that are not obviously recognisable as rhymes to one another when pronounced correctly yet may share assonance and there for can be used in place of standard rhymes structurally with in a verse.

Also multiple rhyme patterns within lines added for show effect and cohesion.

Wordplay is one of the technical areas that can be assessed when judging how technically skilled an rapper/MC is.

Pharaohe Monch,Big L,Big Pun, Eminem are some examples of MC's whose work can be particually rich in wordplay.
he my sell allot of albums but he aint got good wordplay
by Kunnin August 21, 2006
 
2.
When you play around with words to have 2 meanings.

Here are some examples i heard before
wordplay examples
"Ya got 2pac dreams but keep yur head up"
"wearing you out, just another casual-tea(casualty)"

by s3b4k May 27, 2006