wave-off

[ weyv-awf, -of ]
/ ˈweɪvˌɔf, -ˌɒf /

noun

(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.
the postponement of a scheduled landing, as of a space shuttle, due to bad weather anticipated at the landing site.

Origin of wave-off

noun use of verb phrase wave off

British Dictionary definitions for waveoff

waveoff
/ (ˈweɪvˌɒf) /

noun

a signal or instruction to an aircraft not to land