(noun) UW for short. A large collection of nerds big enough to promote misleading facts about the actual intelligence of the average person belonging to that collection.
Kevin: I'm going to study math at the University of Waterloo after I graduate high school because it's renowned for its math program.

Jake: Being a nerd doesn't mean you're intelligent Kevin!
by Shittalker February 10, 2010
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A horribly overrated, poorly located, atrociously designed school. It's only strength lies in it's engineering prowess, specifically the fields of electrical and computer engineering. Any student who attends this university for any reason other than engineering is blind to the fact that they are utterly wasting their time and money.

Waterloo kids constantly remind anyone who will listen that the school enjoys a healthy relationship with microsoft as a "secret recruiting ground" because that ancient fact is essentially it's only claim to fame.

Students of the school also enjoy making reference to a horribly overdrawn exaggeration in that the school is "The MIT of the North", possibly because they are really stupid enough to believe so, or because they have been shut off from the outside world because of the school's horrendously unfavourable location.

In reality, among Canadian universities, the school sits comfortably in the middle of the pack.
friend 1: So, I'm going to U of T next year. What about you?

friend 2: I was accepted at Waterloo for math, so I'm definitely going there. It's a Canadian Ivy!

friend 1: Sometimes I can't believe we're even friends.
by Jason January 01, 2005
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Ranked by Maclean's Magazine as the #1 University in Canada. Major Faculty is Engineering. Located in the City of Waterloo, Ontario.
University of Waterloo just up the Street from Wilfrid Laurier High School
by _Ron_ June 19, 2005
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The university of choice for a Canadian degree in Mathematics, Engineering or a Double Honors Degree. Entering average >90% (exceeds 90% for those that attend U of T and cannot understand mathematical symbols). Students who attend the University of Waterloo will graduate with a degree, knowledge and a career. U of T graduates graduate because their daddy bought them the degree. Go to the University of Waterloo if you want to be someone's boss, not a U of T clerk. Even the Warriors football team is better than U of T's.
"I got into the U of T but was not accepted into the University of Waterloo."

U of T student to U of W student: "Transcendentals? I made out with one accidentally at the bar once, I was wasted."
by Zeno's Paradox's October 26, 2009
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A great University if ur in Engineering, Accounting, Math, and Science(Optometry) other then that if ur there ur wasting ur time because it isn't as easy as Ryerson or Xavier etc. and it ranks as one of the toughest universities as it has some of the smartest people in Canada the Engineering and Accounting Faculty's Avg. student has above 90% AVG, most of the people hate it cuz they go there and expect to slack off and receive good marks, but it doesn't work that way, Work hard and get ur reward.
1. Me: I am going to UW
2. Stranger: You mean University of Waterloo? its one of the best in Canada man, Good luck!
by The BiZ LeGenD August 22, 2005
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A university situated in Southern Ontario, it is acclaimed for its prestigious Engineering and Math programs.

It is also notorious in the poker world as a "Poker Factory", producing many of the top players in the WSOp, like Nenad Medic, Michael McDonald, Steve Black, Will Ma etc.
I hear your going to the University of Waterloo for Engineering! If that doesnt work out you can just pick up poker, there is something in the water there.
by grenadegloves April 24, 2009
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