Waffle Ass is a term used to refer to a womans posterior after it has been spanked enough times in any given direction to leave the imprints resembling that of a waffle.
"Girl, I'll spank yo ass so many times you'll have waffle ass for a week."
or
"I was diggin this chick 'til i saw she had been waffle assed by some dude minutes prior to our date."
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