The story
Blend of wobble + oscillator.
Etymology from Wiktionary, CC BY-SA 4.0.
Today it means: An electronic device primarily used for the alignment of receiver or transmitter intermediate frequency strips, often in conjunction with an oscilloscope; a swept-output RF oscillator; a variable capacitor driven by a voice coil; a main component of a FM circuit. Full definition →
Blend of wobble + oscillator.
Etymology from Wiktionary, CC BY-SA 4.0.