n. A waffle found in one's trousers (or other article worn on the lower region of the body). This waffle is usually a product of digestion and excretion of human waste (that once consisted of a waffle, possibly Belgian).

n. A derogatory slang term used as a metaphor when comparing one to a trouser waffle (see above). This is usually used in reference to a foolish deed done by another.

to sport a boner, fly the sail at full mass, rock hard, etc.