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1) The term used by the character George Castanza, from Seinfeld, when he created a phoney charitable organization called "The Human Fund" and gave everyone in his office donor cards in their names. In reference to when character Tim Whatley gave George a donation card in his name to the "Childrens Alliance" after George had given him Yankees tickets.

2) The action of giving a useless gift to someone you have given a highly valued or expensive gift.
Fred: So what are getting Tom for his birthday?

Bill: Well, I'm really short of money this month so I'm thinking of just pulling a Whatley.

Fred: Cold.
by sushidude October 10, 2008
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