Top Definition
A stupid school full of people who think that they are rich but really arn't, it's just that there parents organize silly clubs and pretend to be rich. They are well known for endorsing cheating on the AP tests and thusly getting pissed off when the College Board reports that they are shitty and have worse scores than Waubonsie, their main rival.
Neaqua Valley student: I go to Neaqua, thats right, ima rich
reality: My parents think they are rich and like to organize clubs with there wannabe rich friends and pretend to have a cool high school while using their retirement funds to spoil their kids, who all end up as losers.
by John Tuttle February 26, 2009

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