1. Verbal filler.
2. A word or phrase without meaning used to indicate that the end of the sentence has not yet been reached.
3. Evidence someone is talking faster than they are thinking.
"So um, in terms of the, like, household chores, as you know, it's about, well, fully your turn, I think, as they say, to, ah, wash the dishes, so to speak. Know what I mean?"
"Cut the word putty and tell me what you want!"
Expert analysis later revealed more than half the professors lecture was word putty.
"Her rant was fully random - all word putty, but no window!"