एकदंताय विद्महे । वक्रतुँडाय धीमहि ।
तन्नो दंती प्रचोदयात् ॥

Meaning:
(This is a typical Vedic dialog where puzzles are posed and solved. they are always recited by alternate groups as below.) Poser: We know of one with just one tooth! Responder: Yes, we think of the one with a bent mouth. Together: May he, the one known as da.ntI (One with the tooth) awaken us (to the ultimate truth).

Word meanings:
एकदंताय = to the one-tusked i.e. Ganesh;
विद्महे = offering;
वक्रतुँडाय = to the one with curved broken part (tusk);
धीमहि = May meditate;
दंती = the tusked one i.e. the elephant;
प्रचोदयात् = inspire; kindle; urge; induce;;