The state of taking out a loan to buy something, and that thing then losing enough value that it becomes worth less than what you owe on the loan. Common with new cars and also happens with homes.
My mom was underwater on her house for almost a decade after the housing market went tits up in '08.
by techn1ciaN April 7, 2021
Get the underwater mug.by Das JUDEN September 4, 2019
Get the Underwater mug.under the water
by dingleberry humdinger May 2, 2025
Get the underwater mug.Underwater ‘Parasite’ Cocaine Smuggling — A tactic where gangs use scuba divers to attach cocaine stashes to the hulls of unsuspecting ships.
I make my living as a scuba diver; but, I ain’t no Jacques Cousteau — I’m into Underwater ‘Parasite’ Cocaine Smuggling . It’s dangerous but quite lucrative!!!!!!!
by Mind Hunter the Profiler July 28, 2023
Get the Underwater ‘Parasite’ Cocaine Smuggling mug.When you feeling down or upset but there’s always something or some place that makes you feel wanted or happy, even something you look at like a picture, basically anything that makes you feel happy or wanted that’s called your UnderWater flyZone.
by Isaiah j hecker December 21, 2018
Get the UnderWater FlyZone mug.What do you do for work? I'm a doctor"......"Ummm...".....*embarassed* ... "I'm an Underwater Ceramic Technician"...."Wow that sounds impressive!"...."yes..yes it is.
by A Dish Monkey October 16, 2010
Get the Underwater Ceramic Technician mug.fictional college course that is used to mock the typical course load taken by the average Division 1 basketball or football "student-athlete".
Advisor: This semester I'm gonna have you take Basketball Theory 101, Geography 100, College Seminar 101 and Underwater Basket Weaving 101 so we can keep you eligible.
Athlete: I don't know if I can handle all that
Advisor: It's okay, we have individual tutors for each of those classes that will do your homework for you.
Athlete: I don't know if I can handle all that
Advisor: It's okay, we have individual tutors for each of those classes that will do your homework for you.
by quiggler March 7, 2007
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