simple past tense and past participle of wave

The motion of something that waves. / Repeated moving of arms or hands to signal.

present participle of wave

(US, historical) A members of the WAVES; a member of the US Naval Reserve (Women's Reserve).

With variable frequency; in large amounts spaced out.

(music) A broad musical and artistic movement originating in the mid-1970s in New York City, typified by experimentation and performance art.

(US, historical) Initialism of Women Accepted for Volunteer Emergency Service.

(transitive) To try, in public, to attract people into a business establishment.

Applied to various (often very specialised) music genres, subcultures and aesthetics.

(idiomatic) Discussion or argumentation involving approximation, vagueness, educated guessing, or the attempt to explain or excuse vagaries.