Ojomeneado?

Aug 6, 2006
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It is a deliberately contorted expression with a double meaning.

Homenaje is Homage, homenajeado is someone you pay homage to.
Ojomeneado shifts a couple of syllables. Ojo means "eye" and meneado" means 'shaken" or "wagged".

menear means to shake or to wag, as in menear la cola, to wag the tail.

It is funny in Spanish, but not translatable in English to anything funny.