Somewhere in between 'shenanigans' and a curse word of your own choice. Can be applied to just about any sentence and/or situation. Prefably said in a Nixonesque way.

Can also be used as an adjective.
1:
"We're out of butter!"
"Fudge waffles!"

2:
"Fudge waffles! I sat on the fudge waffling egg carton!"

3:
"My cheeks wobble alot when I say fudge waffles. I also tend to spit extensively. Fudge waffles. Fudge waffles. See? You're wet."
by Marvin the Amputee June 8, 2015
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when a male stick both of his balls and his wiener in someones ass hole
i put my shit in my girlfriend ass and it had poop on it and thats a fudge waffle
by flabcheeks March 17, 2010
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The act of dumping your hot man load in the rectum of one hot bitch. Once done you lay her down with her legs behind her head and she shits out a wet poop colored cum filled load from her ass into her swollen blue waffle twat making it look like a hot fudge waffle cone
I told that griffin witch not to eat corn. After a dinner she made a hot fudge waffle cone and there was corn everywhere...
by waffle it October 18, 2014
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