WOFTAM is an acronym common in use in Australian Slang meaning Waste Of Fucking Time And Money [http://www.abbreviations.com/b1.aspx?KEY=394098] . It also exists in a censored version, Waste Of Freaking Time And Money [http://acronyms.thefreedictionary.com/WOFTAM] and is frequently used in the workplace, often as a cynical description of a project or asset that is perceived by some as a
References
Wikimedia Foundation. 2010.
woftam — accr. for waste of friggen time and money Any repair on this toaster is a woftam … Dictionary of american slang
woftam — accr. for waste of friggen time and money Any repair on this toaster is a woftam … Dictionary of american slang
WOFTAM — Waste Of Finances Time And Machinery (Business » General) … Abbreviations dictionary
WOFTAM — Waste Of Flaming Time And Money … Abbreviations SMS and Internet
WOFTAM — Waste Of Flaming Time And Money … Glossary of chat acronyms & text shorthand
