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Defined as:
1) The female equivilant of a wasteman, meaning a loser i.e. waste of space.
2) A slut. A female that can be used (shagged) and then promptly discarded. A woman of easy virtue, though not necessarily a prositute.

This phrase comes from the combination of the words wasteman and gash, and is becoming ever more popular in the north london and the home counties of UK.
1)"Allow that wastegash"
2)"I linked with a standard wastegash last night. Bare casual ting. You know how we do. "
wastegash by MC Blitzkrieg January 30, 2006
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No Tears Please, It's a Waste of Good Suffering 

To add to the unreal tournament definition it is also found in the film 'hellraiser'
No Tears Please, It's a Waste of Good Suffering
Man thats a cool quote

Wastebooking 

When, after consuming copious amounts of alcohol, one proceeds to the popular social networking site Facebook. Upon arriving at said site, the intoxicated individual leaves many sporadic messages and comments that, if sober, would normally not be left. The contents of these messages usually include embellishments of the events surrounding the current drunken stupor, or are more commonly blunt confessions of emotion and opinion. Often times a blatant disregard for tact and social conformities is exhibited. This inebriated harassment may or may not be limited to close friends. In most circumstances, the aftermath of wastebooking is usually laughed off and is stored only in memory for recantation in any future gathering of said friends. This has evolved with time as technology has advanced. Earlier precursors stem from shouting drunken obscenities and more recently include drunk dialing and drunk texting.
Nick: “WTF was up with that message you left at 3 in the morning?”
Justin: “Oh yea, I got trashed yesterday and ended the night by wastebooking everyone.”
Wastebooking by NKClubTrill007 February 4, 2010

Waste of good skin 

When a person is an asshole or a bitch, vile, heartless, and just down right mean. But their skin is good, just not them as a decent human being.
That woman is such a bitch towards me, she's a waste of good skin.
Waste of good skin by Noresun2noAmy2 November 28, 2021

penny-waste 

Someone who isn't worth a penny. Good for nothing kind of brother.
Stop wasting your time watching TV, you penny-waste.
penny-waste by pi4a December 3, 2009

America's Most Wanted Douche Bag 

This is a rarer form of the more common douche bag. This subhuman species spends most of his time in the guise of a slacker. However, when provoked by moderate levels of conflict or confrontation he immediately enters a state of heightened douchiness. Unlike the more common douche bag, he completely overreacts in response to a situation and is blindly driven by his own social impotence. His unusually extreme reaction will often manifest as either violence or behavior similar to that of an individual with a severe mental illness, such as schizophrenia.

As a general warning:

In recent studies it has been shown than the onset of this condition tends to begin in males in their mid thirties. If you suspect that a male in your life has already begun this transformation, it is recommended that you distance yourself from him at once. Keep in mind that this level of douchiness increases tenfold every year that it remains untreated.
To America's Most Wanted Douche Bag:
You know who you are. It is never too late to ask for help. But do not ask the people you have wronged. They have put up with you long enough.

Wake and waste

Similar to the wake and bake, a wake and waste is the act of consuming any leftover weed AND alcohol from the prior night's activities apon waking up, hungover. Often with the intent to lessen hangover symptoms but with the results of becoming wasted before noon.
"I was having some 'hair of the dog' but then the wake-and-bakers handed me the bong"

"Yeah, it turned into a total wake and waste."
Wake and waste by xkwid August 22, 2011