"Weaved out" is spelled with a "v" instead of a "w" because it is the past tense of "weave," which is spelled with a "v." In IPA phonetic transcription, "weaved out" is pronounced as /wivd aʊt/, with the first syllable having a long "i" sound and the second syllable having a short "u" sound. This phrase means that someone has finished or completed a weaving project, and has no further work to do.