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Definitions by Dr. Clutterbuck

aquasquatting 

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to occupy a boat or other aquatic vessel without owning, renting or otherwise having permission to use it.
Aquasquatting is so much more chic than urban squatting.

aquasquatter 

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an occupant of a boat or other aquatic vessel who doesn't own, rent or otherwise have permission to use it.
"When I grow up, I want to be an aquasquatter. It's so much more posh than being an urban squatter."
aquasquatter by Dr. Clutterbuck April 4, 2011