Seiko 7A38 - by the numbers

There's probably already a list in existence - likely on TimeZone (US), which, when I find again I'll link here.

But for those of you new to the hobby obssession of watch collecting, I'll include a few of the common ones. 

I've just quoted someone else, in another thread, using the very common expression - Wabi in describing his own 'Beater'.

Wabi can be a used as a (collective) noun to describe the accumulated (sometimes excessive) acquired patina of a watch.

It can also be (ab)used in an adjective form as simply: Wabi'd or much-Wabi'd or well-Wabi'd.

Wabi is a (partial) abbreviated corruption of the original Japanese concept of Wabi-Sabi.

See this Wikipedia entry for a fuller explanation: http://en.wikipedia.org/wiki/Wabi-sabi

Reading that article, when applied to watches, our use of 'Wabi' is something of a mis-nomer - 'Sabi' actually seems rather closer:

Sabi is beauty or serenity that comes with age, when the life of the object and its impermanence are evidenced in its patina and wear, or in any visible repairs.

While I'm on the W's, here's another common one - WIS - an abbreviation for Watch Idiot Savant. Guilty as charged, M'Lud. 

Here's some oldish WIS-themed humo(u)r from our Colonial Cousins: http://www.timezone.com/library/archives/archives0058

I wondered what Wabi stood for, cheers for explanation!