its an abbreviation of awkward. I first heard it one 102.1 the edge on Barry Taylor's show.
guy one: did you hear? Steff has an STD!?
guy 2: oh shit, and i was gonna fuck her silly too...
guy 3 walks up: Guys Guess what? I FUCKED STEF LAST NITE!
guys 1 and 2: awk....
a flaming homosexual, usually a whiteboy who dresses in preppy clothing, and refuses to listen to people tellin them they r as gay as the queer folk on 'queer eye for the straight guy'.