A wally is infact someone who is very intelligent in some areas but very stupid (alomost unbelievably) in others, eg such as clumsiness.
You spilt your drink all over my bedside table you wally.
by Poohead January 7, 2004
Get the wally mug.
An insult that became popular in the 80's, meaning an idiot. Scholars of urban slang have long believed this word originated at Woodstock (15-17th Aug'69), when some hippy lost his dog called Wally. He wandered around the site shouting Wally, and before long the crowd started shouting it. After that, wally became a popular chant at music festivals. However, on a recording of a Jimi Hendrix concert on 9th Jan 1969 in Sweden (7 months before Woodstock), someone in the audience shouts wally while Jimi is dedicating a song, prompting him to say "yeah, this song is for wally too". So, while the word probably did originate at a festival, if has to be another one, not Woodstock.
by Anonymous January 30, 2003
Get the wally mug.
Useless, ineffectual person. Or whole dill pickled baby cucumber. Both east London, England. The latter usage is now rare. Pronunciation: WO-lee.
You couldn't find your arse (ass) with both hands behind you, you wally.
by Jim September 10, 2003
Get the wally mug.
Another word for penis. Used in certain dialects, or otherwise as a socially acceptable/quircky way to refer to a man's dick.
Ben, can you please remove your wally from my mouth. We're about to sing happy birthday to little Melissa.
by JZ783 March 24, 2016
Get the wally mug.
Wally started at Bickershaw Festival in '72. A bunch of us went there with a large tent, and arranged there would be one cook. He agreed, on condition he cooked only when bands he didn't like were on.

Between bands there were circus acts, wirewalking etc, and a guy jumped into a 'barrel', actually a huge pool, which promptly burst, spilling gallons of water at the front of the stage, after it had been raining all night. Nobody wanted to stand there afterwards, except a Scottish lad called Wullie from our tent, who always went everywhere in his bare feet anyway. So...

A boring band would come on, Joe would start cooking, and we'd shout down to the front for Wullie when it was chow time. It was a 3-day festival, and after a while Wullie mentioned that lots of people were calling him, not just us. Some people wrongly made the connection between the boring bands and the call "Wullie ", which is Wally to English ears...

At another festival later, the NME did a review mentioning "and the hippies shouted at the bad acts, calling them wallies", and another word was born.
I've told everybody this true story for 30-odd years and if you don't believe it, you're a wally.
by Jim Johnston May 27, 2005
Get the wally mug.
Clark's Wallabees boots and shoes.
Those cream wally's are ill.
by Zeke January 12, 2004
Get the wally mug.