Verb, To give a thorough and proper disciplinary measure to an insubordinate little shit
Person 1: Bro, how did your date go?
Person 2: Shut up you fuck or I'll wax your head.
The act of rubbing feces or lubricant on someone's back and proceeding to slide across them with your arms outspread as if you were a plane.
Sam, my aunt taught me what planing is yesterday!