Etymology
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New Wave

1960, of cinema (from French Nouvelle Vague, late 1950s); 1976 as a name for the more restrained and melodic alternative to punk rock.

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Definitions of New Wave
1
new wave (n.)
any creative group active in the innovation and application of new concepts and techniques in a given field (especially in the arts);
Synonyms: avant-garde / vanguard / van
2
New Wave (n.)
an art movement in French cinema in the 1960s;
Synonyms: Nouvelle Vague
From wordnet.princeton.edu