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 hg12benj February 24, 2004
Get the underrated mug.Related Words
An Undercover Slut is a guy or girl who seems quite innocent and maybe even a bit prude but is actually a sexual deviant when given the chance to be. Being that the person is generally quiet and reserved about said deviancy, it's quite surprising when they reveal their true colors and you often find yourself very, VERY intrigued and wanting more. Just remember that they are, in fact, undercover, and have to uphold their mild-mannered alter-ego when exposed to the general public, and you must respect that. Also, don't assume that they've hooked up with tons of people- most Undercover Sluts like to reserve their sluttiness as to keep it meaningful and, obviously, undercover.
It's sort of like when the chick in the movie takes off her glasses and pulls her hair down and straddles you and you get the idea.
It's sort of like when the chick in the movie takes off her glasses and pulls her hair down and straddles you and you get the idea.
Guy 1: "Hey, you know that chick Gracie?"
Guy 2: "The one who always gets like, really good grades? Yeah, what about her?"
Guy 1: "That party last night, dude... You wouldn't be able to tell, but she is a MAJOR Undercover Slut."
Guy 2: "Oh my god, really? Wow... I never would have guessed it.. That's awesome."
Guy 1: "Yeah, but don't tell anyone man."
Guy 2: "The one who always gets like, really good grades? Yeah, what about her?"
Guy 1: "That party last night, dude... You wouldn't be able to tell, but she is a MAJOR Undercover Slut."
Guy 2: "Oh my god, really? Wow... I never would have guessed it.. That's awesome."
Guy 1: "Yeah, but don't tell anyone man."
by SwaggieG September 8, 2013
Get the Undercover Slut mug.While you are getting dome, cum in the girl's mouth. She then spits the cum in your asshole, and you proceed to fart the cum all over her face.
by ThatOneNozZ January 26, 2010
Get the Undercover José mug.Similar in nature to that of an overwater camel, however this vertebrate skims the ocean floor in search of underwater grass. It stores water in it's humps in order to breathe for longer periods of time. The underwater camel is native to Ottawa, and generally live alone because of the cold weather, however occasionally they may mate with a backwards deer to create an underwater deer camel.
freakingnews.com/pictures/50500/underwaterreindeercamel--50883.jpg
freakingnews.com/pictures/50500/underwaterreindeercamel--50883.jpg
by Fluis Cunders December 4, 2013
Get the underwater camel mug.by Clouds_4_lyfe February 14, 2018
Get the underwater seaweed mug.Basically a fancy name for "dishwasher". My ex felt inferior to some of his friends who had cool-sounding jobs, so I made this one up to make him laugh and feel better :)
JOE: Hey Bob, what are you doing with yourself these days?
BOB: Oh, hey Joe. I'm the assistant to the vice president of sales. How about you?
JOE: I'm an underwater porcelain technician.
BOB: Oh, hey Joe. I'm the assistant to the vice president of sales. How about you?
JOE: I'm an underwater porcelain technician.
by Chrissy Robinson July 30, 2008
Get the underwater porcelain technician mug.