The Collaborative International Dictionary of English v.0.48:

Waffle \Waffle\, n. [D. wafel. See Wafer.]
   1. A thin cake baked and then rolled; a wafer.
      [1913 Webster]

   2. A soft indented cake cooked in a waffle iron.
      [1913 Webster]

   Waffle iron, an iron utensil or mold made in two parts
      shutting together, -- used for cooking waffles over a
      fire.
      [1913 Webster]

WordNet (r) 3.0 (2006):

waffle
    n 1: pancake batter baked in a waffle iron
    v 1: pause or hold back in uncertainty or unwillingness;
         "Authorities hesitate to quote exact figures" [syn:
         hesitate, waver, waffle]

Moby Thesaurus II by Grady Ward, 1.0:

73 Moby Thesaurus words for "waffle":
   babble, back and fill, blab, blabber, blather, blether, blintz,
   buckwheat cake, bull, bullshit, chat, chatter, cheese blintz,
   clack, clatter, crepe, dither, dodge, drivel, drool, duck,
   equivocate, evade, flapcake, flapjack, gab, gabble, gas, gibber,
   gibble-gabble, go on, gossip, griddlecake, gush, haver,
   hem and haw, hot cake, hum and haw, jabber, jaw, mince the truth,
   mince words, natter, palacsinta, palaver, palter, pancake, parry,
   patter, piffle, pour forth, prate, prattle, prevaricate, ramble on,
   rattle, rattle on, reel off, run on, sidestep, spout, spout off,
   talk away, talk nonsense, talk on, tergiversate, tittle-tattle,
   twaddle, twattle, vapor, weasel, yak, yakkety-yak