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The Mermaid Theory 

a theory that a woman, no matter how ugly she may seem at first, will eventually look beautiful to you if you see her every day all day.

Based off the theory that sailors used to spend months at sea and started to slowly see manatees turn into mermaids.
Joe: Dude Kelly is so hot!

Tim: Are you nuts?! It's probably just the Mermaid Theory. you have her in every class.
The Mermaid Theory by Fatchooo January 20, 2011

The Mermaid theory 

Based on How i met your mother's 11th Episode of 6th Season

300 years ago sailors stuck at sea would get desperate at sea for female comapionship, it got so bad that manatee out in the water started to look like beautiful womens, mermaids.

Every women no matter how initially repugnant have a mermaid clock, its the time it takes for you to bone her. sure today you see her as a manatee but she aint gonna stay that way.
The Mermaid theory by arv1e December 8, 2010

The Mermaid 

My parents' old van. We called it the Mermaid
The Mermaid is gone now.

The mermaid 

This usually involves a bigger area of water such as a pool, hot tub, etc. This is when a woman gives oral under water until the point of climax without coming up for a breath . when giving the oral it's important the woman doesn't swallow the cum but let's it float in the water and puts it in her hair like a mysterious mermaid would wear pearls.
I went to the hotel and this random bitch gave me the mermaid. I gave her a lot of pearls for her hair

Chasing the mermaid 

The practice of buying two coffees, especially a combination of one small, speciality coffee drink (i.e. "tall skinny vanilla latte") and one large, plain black coffee, with the intent of quickly ingesting (i.e. chugging) the flavored specialty drink for the quick caffeine jolt and then using the larger coffee as a methadone supplement to maintain the caffeine high.
Man, Hart has two Starbucks cups at his desk and he's really jittery, I think he's been chasing the mermaid again.
Chasing the mermaid by The Palumbo February 28, 2011

Bite The Mermaid 

After a hard night at the club jill got brave enough to ask tod. "Wanna Bite The Mermaid?"
Bite The Mermaid by Tod Spengo August 20, 2008