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A place where slut balls have sex and smoke pot. There is nothing else to do but hang out at the "waterloo mall" (rural king) and get kicked out of McDonalds after getting out of the movies. Sometimes you even get kicked out of the movies if you are making out to much and they think you are going to the extremes ... or if you talk too much ... even if you dont talk at all just give one of the ushers a dirty look and you're outta there. Waterloo is also called "Waterhole" or "The Loo" which means toilet or bathroom in England. Well it actually makes sense because the place smells like shit from all of the farmers fertalizing their land. I am a citizen of Waterhole and let me tell you it sucks. Just don't ride the town bicycle she sucks .. or blows i dont know.
waterloo by <Me April 9, 2005
A small town in DeKalb County in Indiana where very little goes on. Not the place you want to be at all.
That town was so small and boring I would consider it a waterloo.
Waterloo by Audrey Bellinger June 10, 2008
The act of sexually gratifying yourself with a partner while said partner's head occupies the bowl of a toilet as said toilet is being flushed.
Oh man, last night after everyone left I got all Napoleonic with that Melinda chick and ended up giving her the waterloo.
waterloo by Zairian February 20, 2008
The fucking gayest school in the land. Is located in Northeast Ohio. All the teachers are gay, and the principal is fat. Not to be confused with phat.
Dude, School is gay.

You must got to Waterloo.
Waterloo by Mike March 27, 2005
A place where people go to the toilet. Also a train station in London.
I need the waterloo man!
Waterloo by sfhugsugs September 14, 2008
a block where verbalists and tramps are from eg.dylan,byron,ramone,ethan,cole
dylan:i ain’t paid ima go bando and eat a bacon butty (dirty waterloo)
waterloo by richard williams January 1, 2021