Top Definition
This means when something that used to be great is done for good. Comes from the show Happy Days... There was one episode near the end where the Fonz rode a shark, and after that, the show was kind of down the tubes. Like when Felicity cut her hair.
"Yo--where's your girlfriend?" "Eh, bitch is gone--she rode the shark"
by Rachicago April 10, 2008
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