Akademik

wave-off
noun
an approach that fails and gives way to another attempt
Syn: ↑overshoot, ↑go-around
Derivationally related forms: ↑overshoot (for: ↑overshoot)
Hypernyms: ↑landing approach

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\\ˈ ̷ ̷ˌ ̷ ̷\ noun (-s)
Etymology: from the phrase wave off
: a visible signal given by an officer on the deck of an aircraft carrier to the pilot of an approaching airplane usually indicating that his approach is unsatisfactory for a successful landing, and that he must circle the carrier and make a new approach — compare landing signal officer

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/wayv"awf', -of'/, n.
1. (on an aircraft carrier) the last-minute signaling to an aircraft making its final landing approach that it is not to land on that particular pass but is to go around and come in again.
2. the postponement of a scheduled landing, as of a space shuttle, due to bad weather anticipated at the landing site.
[n. use of v. phrase wave off]

Useful english dictionary. 2012.