U.S. colloq. trans. To beat thoroughly, gain a decisive victory over (Funk).
1884. A. A. Putnam, Ten Years Police Judge, xxii. 199. He [Mr. Bungle] would in nine [out of twelve cases] be waxed but for the commiseration and the magnanimity of [etc.].
1909. Century Dict., Suppl., Wax, to beat, thrash.