See also: under water
- (not comparable) Beneath the surface of the water; of or pertaining to the region beneath the water surface.
- Watch out for underwater obstacles.
- He was a pioneer in underwater exploration.
- (nautical) Beneath the water line of a vessel.
- When the ship was brought into dry dock, it was found that she had underwater damage.
- (figuratively) In difficulty, especially financially.
- (finance) Having negative equity; owing more on an asset than its market value.
- We've been underwater on our mortgage ever since the housing crash.
- 2013 May 13, Underwater (Bates Motel), episode 9, A&E, spoken by Matt Bronstein (Matthew MacCaull):
- You're underwater. The best thing you can do is just walk away. Let the bank take it back.
- (finance) Of an option, having a strike price higher (call options) or lower (put options) than the current market price of the underlying asset or financial product; for example, an option to buy shares at $20 when the current market price is $15.
- (beneath the water surface): subaqueous, subaquatic, submarine
- (having negative equity): upside down
beneath the water surface
nautical: beneath the water line
underwater (plural underwaters)
- Underlying water or body of water, for example in an aquifer or the deep ocean.
- (fishing) A type of lure which lies beneath the water surface.
- 1923, Sheridan R. Jones, Bait Casting: The Short Rod and How to Use It, page 57:
- Practically all wobbling underwaters will take fish aplenty in the hands of a man who really knows how to put them through their stints.
- (agriculture, horticulture) To water or irrigate insufficiently.
- Care must be taken not to underwater houseplants in the summer.