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drill down 

Term used by a worthless network news barbie or cable news bunny to describe a story's seriousness and imply the amount of resources the network will apply to its journalistic investigation.

The term is frequently used to imply that the "reporter" will get to the bottom of the story and then back to the viewers in order to feed their news rage.
studio news barbie:

"Great report Gina (news bunny on location)!"

We'll drill down into that story you're covering about Mr. and Mrs. Elephant's new baby and get back to you. Thanks.
drill down by dp916 November 25, 2010
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Land Down Under

Australia. Appropriate nickname because of its location (below Asia) and the extreme differences between Australia and other continents/countries.

Animals: Koalas, Kangaroos, Echidnas, Platypi (Platypusses?), and Tasmanian Devils are creatures that only inhabit Australia in the wild.

Seasons: Australian summer is most other countries' winter, and vice versa.

Land: Mostly desert and open plains. Probably contains the highest percent of desert of any continent (Antarctica is tundra, not desert).

This would also be a good nickname for Antarctica, which is literally under every continent.
I'm not sure if the Land Down Under has any urban slang, unless you consider "Blimey!" and "mate" to be UrbanSpeak.
Related Words

Southern Beat-Down

Its when you put a Confederate flag on your chest, then put on country music (Sweet Home Alabama works great!) Then, you quickly beat up the closest person near you.
My head still hurts from when Phil gave me that Southern Beat-Down!
Southern Beat-Down by Mr. Burgess November 20, 2007

cumming down 

The feeling of disgust with oneself after cumming while watching porn.
Guy 1: I hate how after I cum I feel so bad about myself for jacking off to porn.
Guy 2: That's called cumming down.
cumming down by brookline May 22, 2010

draw down 

To point a loaded gun at someone.
"You draw down on the boss of a family?"
- Tony Soprano to Christopher Moltisanti
draw down by Gary Nabors August 23, 2007

fro down 

A contest, typically between women, to determine who in a group has the largest hair.
"Bitch, my hair is bigger then yours. Do you want to have a fro down for me to prove it?"
fro down by JillG August 21, 2006

knuckled down 

to physically beat someone down with your fists
"...there's a good chance ya ass is either gon' get shot, stabbed, or knuckled down, one out of the three." - Prodigy of Mobb Deep (The Infamous Prelude)
knuckled down by GSTWN May 28, 2007