to have a small penis
Liz: I found out Bill has a small penis.

Brittany: How do you know? He doesnt own a porsche or anything.

Liz: I was at the dock the other day and I saw that he owns a boat.
by Pimp Shizzle June 18, 2009
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A phrase used when somone gets owned.
Person one: "Aww man, the person in front of me got the last ice cream cone."
Person Two: "Owned your boat!"
by DanielleRocks March 17, 2008
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Someone who gives themselves a compliment, often cocky.
Eric: "I am the best at hockey"
Ann: "Don't float your own boat"
by amkooks February 9, 2012
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