A sopping wet vagina wedgie, usually caused when swimming in casual wear. Can also refer to the front of the panties getting sucked up into the vagina.
"I went swimming the other day and got a really badWetWedgie. It made me cry, it hurt so bad."
Short-hand for the word floccinaucinihilipilification, meaning the estimation of something as valueless (encountered mainly as an example of one of the longest words in the English language).