Wally

1. A student or alumnus of Wabash College in Crawfordsville, Indiana--often in contrast with Danny (Depauw U. student/alum) or Townie (native Crawfordsville resident).

2. Wally Wabash. The official name of the Wabash College Little Giant mascot.

1. Damn, I didn't know there would be so many wallies at the conference.

2. Check out Wally chasing around the Oberlin mascot.

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A Wally

Nickname of the Wally Parks trophy, the official trophy of the National Hot Rod Association (NHRA).

Given to regional and national event winners off all NHRA-sanctioned events, "The Wally" is named after the founder of the NHRA, Mr. Wally Parks.

First awarded in 1969, the Wally has become the most coveted trophy in all of drag racing, and whether it's a small single car garage of a blue collar plumber and his '69 Camaro B/Gas in Maine to the most well funded and advanced mutli car Top Fuel teams in California, being able to utter the phrase "I won a Wally" is the dream of thousands of racers all around the country, and the world.

"Dude, I just won a Wally at Maple Grove!"

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Wallied

To get stupidly drunk.

Beiber: Let's get wallied!

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Wally

An insult derived from the name of the much ridiculed Scotch Neanderthal barbarian William Wallace (portayed in the film "Braveheart" by Mel Gibson)..
The word is usually used to describe someone who has done something silly and made theirself look stupid, usually under the influence of alcohol.
Can also be used to describe someone who is an idiot in general..

"...is drunk, hes acting like a right wally"

"...he's acting like Mel Gibson.... William Wally"

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Wally's

A casual reference to a Wal-Mart store. Used by those who frequently shop at the store mostly in text messages. Derived using the Australian English slang method of shortening a word to two syllables and adding 's' to the end.

Texting: "Stopping at Wally's 4 some milk. U need anything else?"

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Wally

A hot guy, kind, caring, and a good boyfriend. He is smart but thinks he's stupid which isn't true. Has a great personality and very good looking. He has everything you look for in a guy.

Wally is hot

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Wally

A very perverted creepy looking person.

Person #1: Look at the kid
Person #2: I know he must be a wally.

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