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WNBA is an acronym for Woman with Nice Boobs and Asses. It is used often when referring to a group of hot woman (preferably ones with nice boobs and asses)
We all know that one sorority house that had a ton of WNBA
Related Words

WNBA'ing 

5 males performing Sexual Acts on 1 Female.
Everyone knows that any combination of 3 sexual partners (2 Guys and a Girl, 2 Girls and a Guy) is known as a threesome or a three way. But what is 5 Guys and one girl? Well 5 Guys reminded us of a Basketball Team so when 5 guys are performing Sexual Acts on 1 girl it is referred to as WNBA'ing. "Yo, me and my 4 buddys WNBA'd that chick last night."
WNBA'ing by 4-Livs February 28, 2011
(N) this is an organization that is one of the biggest jokes since the inauguration of david stern. it is a feeble attempt to play the game of basketball, in which something as elementary as a dunk is celebrated more than an NBA championship, or ricardo beating lebron in pop-a-shot.

(N)2 A league that calls itself a sport but if josh smith or dwight howard was leased in the WNBA for one season not one basket would be scored
dude that was WNBA-like

damn i would rather watch golf than the WNBA
the WNBA by BRYCE JOHNSON June 21, 2010