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Build the Boat 

Code for getting belligerently drunk. Perfect for using in front of parents, bosses, and professors because they will have absolutely no idea what you are talking about.
College student on the phone: Are you ready to build the boat tonight? I have all the tools.
Professor: Why hello there! I hear you have taken an interest in boat building. I teach a course in that.
Build the Boat by JCJtransy April 5, 2010
Related Words

Whatever floats your waterlogged boat. 

Used instead of whatever floats your waterlogged goat, whatever floats your boat, whatever floats your goat, etc etc.
Used by smart people who are trying to prove they're up to date with both science and popular culture. Boats are made so they don't get waterlogged you wannabe college graduates!
Jeorne: Yeah, I wanna kill some australian maps.
Geekni: Whatever floats your waterlogged boat. See what I did there? Coz it's in the water? See? See?
Jeorne: riiiiight...

Sushi Boat 

Performing oral sex on an asian girl.
Guy 1: "Man, I'd love to motorboat that chick."
Guy 2: "Nah, man she's asian, you've got to sushi boat her."
Sushi Boat by BOCO Dude August 1, 2012

Failure Boat 

Usually a large amount of people who fail who gather and socialize.

Most likely having captain.

All aboard the failure boat with Matt as your captain.
Failure Boat by unholy waffles September 29, 2008

Killing a Boat 

Being asked out, Getting asked out. Or asking someone out.
Sarah: Oh my god guess what happened!

Taylor: did you go Killing a Boat?

Sarah: YES!! With Nathan!!
Killing a Boat by the mikester December 31, 2006
Represents being cool.
Can be used as a verb as in something being Tug Boat (cool) or as a noun being the oneness of cool or awesome.
Nate: Man I saw you from all the way overthere! You ain't even Tug Boat!
Mike: Maaaaaaaaaaaaaaaan!
Tug Boat by Nate Sexton March 5, 2004