Top Definition
A term used to describe a close 2nd place finish. Also used to describe an event which doesn't live up to the hype or hopes of the media.

Named for the 2010 U.S. Olympic Hockey team's silver medal finish a the Winter Olympics. The match-up was commonly compared and hyped as the next Miracle on Ice but fell just short of Gold as the U.S. lost to Canada in overtime.

alternate spelling Nearacle on Ice
I hope this year's Super Bowl lives up to the hype and isn't another Nearicle on Ice.
by lcritterl March 16, 2010

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