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A status or thing that is highly prized and/or desired.
Dude, I seriously need to hook up and get a what-what - it's been way too long. Why don't you call Renee, she's passing out the booty like free samples at the food court.
what-what by ThaDigga October 18, 2011
"Pass me a what-what"
What-what by Blake February 17, 2004

what-what? 

Very old-fasioned upper-class British expression seeking agreement with whatever you've just said. Similar to "don't you think?"
She's a fine piece of totty, what-what?
what-what? by Linton February 16, 2004

What what 

A signal of comradery given among gangstaz to symbolize brotherhood. That is, not to exclude womyn either.
Chant:
"Lab AB!"
"What what!"
"AB"
"what what"
ect...
What what by Josh, Kevin, Durfs September 12, 2005

what what 

phrase made popular by rapper Noreaga or NORE. it can be used as a greeting like what up. or in a fight when you win, then get up in that bitches face and be like, what what!
what what homes! thizz is what it is

what what 

i said what what in the butt, i said what what in the butt, you wanna do it in my butt, in my butt, you wanna do it in my butt, in my butt, you wanna do it in my butt, in my butt, lets do it in the butt, OK.
what what by A Frost July 2, 2008