shoot one's wad verb3 •(slang) To expend all of one's resources or efforts; to express all the arguments or ideas which one has.Well, I guess I have about "shot my wad," and had better "cork up," or I might find my way to the waste-basket. — 1888 •(slang, vulgar) To ejaculate.However, Mike had shot his wad into the mouth of the man whose body was now jammed back against his and he began jacking the throbbing cock faster and harder! — 1974 •(slang) To spend all of one's money.During the summer of 1965 my two daughters and I, traveling on a very limited budget, shot our wad at Sharrow Bay - and never regretted a penny of it. — 1982 formsshot one's wad · shooting one's wad · shoots one's wad