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In TF2, to crater is to fall from a ledge at low health and be killed by the fall damage. No matter who you're playing and how it happened, Cratering is both embarrassing and extremely funny, so craters are often followed by laughter, no small part of it belonging to the player who just cratered.
Scout: on 3 health
Pyro: Airblasts scout off a ledge
*Pyro finished off Scout*

Scout's Teammate: "GUYS! DID YOU SEE HIM CRATER JUST NOW?"
Everybody, including Scout: *Dies of Laughter*
Crater by sebacostamr June 10, 2019
In the game Shattered Galaxy, crater describes territory 44 -- the territory in the exact middle of the map. It has only one POC, is easily defended, AND repairs can be made there without returning to the capital, making it an ideal forwards-base -- as well as a hotly-contested zone for battles.
Attacks against Crater are tough, man. Get 10 people to go with you or don't go at all.
crater by Shanya Almafeta April 6, 2004
A over abused and used vagina.
1. Whos Suzy? The bitch with the big crator in her pants.
crater by big d May 13, 2005
Irregular form/heightened form of great - Meaning to be "super-awesome" or "more than epic". Used mostly in Iceland because they grow up in craters.
You are crater. This van is crater.
crater by TheGrebhahn July 11, 2018
1. One who crates
My neighbor is a crater.
Crater by Litfam3 November 12, 2019
Someone that is an open hoe
Don’t talk to him, he a crater
Crater by sjsjshejs February 28, 2023