(1):

(v. t.) To cause to move or go in a wavy manner, or by the impulse of waves, as of water or air; to bear along on a buoyant medium; as, a balloon was wafted over the channel.

(2):

(v. i.) To be moved, or to pass, on a buoyant medium; to float.

(3):

(n.) A wave or current of wind.

(4):

(n.) A signal made by waving something, as a flag, in the air.

(5):

(n.) An unpleasant flavor.

(6):

(n.) A knot, or stop, in the middle of a flag.

(7):

(v. t.) To give notice to by waving something; to wave the hand to; to beckon.

(8):

(v. t.) To cause to float; to keep from sinking; to buoy.