It is short for being the ebola in your life. It is a very tragic person in your life. He is also seceretly gay but he's too much of a wamp to accept it.
It is said that it means "wolf" or "awesome" but none of those are true, in fact it is short for "Anal Wage Sandwich".
" Ay, that was too Aws"
"This thing I did in the toilet was the biggest Aws ever!!111!"
"So i met this girl, she was such an Aws."