underwater

adjective
un·​der·​wa·​ter | \ ˌən-dər-ˈwȯ-tər How to pronounce underwater (audio) , -ˈwä- \

Definition of underwater

1 : lying, growing, worn, performed, or operating below the surface of the water underwater plants
2 : being below the waterline of a ship
3a : having, relating to, or being a mortgage loan for which more is owed than the property securing the loan is worth
b : having, relating to, or being a stock option for which the price of the option is higher than the current market value of the stock

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Other Words from underwater

underwater adverb

Examples of underwater in a Sentence

underwater plants don't require as much light to grow as surface plants a vessel designed for underwater exploration
Recent Examples on the Web The boat was partially underwater, but no other boats were damaged, the Miami Herald quoted Miami Fire Rescue Capt. NBC News, "Marc Anthony's luxury yacht goes up in flames in Miami," 19 Dec. 2019 Gators that size can usually stay underwater for hours but after being hooked twice, this gator seemed worn out. Karina Elwood, orlandosentinel.com, "Alligator hunting: For 2 Florida friends, a last chance to kill an elusive beast," 8 Nov. 2019 While most of the continent is underwater, much of the land mass's sedimentary pieces were scraped off during its great migration. Li Cohen, CBS News, "Researchers discover hidden continent Greater Adria in the Mediterranean," 24 Sep. 2019 Some are designed with snorkels, allowing the entire vessel to remain underwater, with only the snorkel above the waves. Kyle Mizokami, Popular Mechanics, "Watch the Coast Guard Chase Down a Drug-Running Semi-Submersible," 12 July 2019 Assuming the roads aren't underwater, these are your best options to not let a little rain get in the way of having fun in Houston. Jay R. Jordan, Houston Chronicle, "Where to spend a rainy day in Houston," 24 June 2019 But that’s only one of many reasons that this B-movie dreck should have stayed underwater. Katie Walsh, latimes.com, "Jean-Claude Van Damme/Dolph Lundgren action-thriller 'Black Water' stuck in retrograde," 28 June 2018 During the event, Scuba Santa will swim underwater with a tank full of sharks. Briana Rice, Cincinnati.com, "Newport Aquarium offering free admission for teachers," 18 Dec. 2019 While its leaders squabble, Lebanon is literally and figuratively underwater. The Economist, "Reverse contagion As Lebanon’s economy drowns in debt, Syria’s begins to sink as well," 12 Dec. 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'underwater.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of underwater

1627, in the meaning defined at sense 1

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Time Traveler for underwater

Time Traveler

The first known use of underwater was in 1627

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Statistics for underwater

Last Updated

6 Jan 2020

Cite this Entry

“Underwater.” The Merriam-Webster.com Dictionary, Merriam-Webster Inc., https://www.merriam-webster.com/dictionary/underwater. Accessed 19 January 2020.

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More Definitions for underwater

underwater

adjective

Financial Definition of underwater

What It Is

In the real estate world, underwater means that a property is worth less than what is owed on it.

How It Works

For example, let's say John Doe buys a house for $500,000. He makes a down payment on the house and borrows $400,000 to pay for the rest. Two years later, John loses his job and has to sell the house and move. However, the housing market has slipped in his town, and the house is only worth $300,000 right now. John owes $395,000 on the loan. He is underwater.

Even if he sells the house for $300,000, he would pay off only $300,000 of the loan and would still owe $95,000. Accordingly, if John were to sell the house for $300,000, he would need the bank to agree to write off the remaining $95,000. Thus, if John finds a buyer at $300,000, his lender would need to approve the sale and could even halt the sale if it believes that the house can be sold for more than $300,000. Every dollar below $395,000 is money lost to the lender.

Why It Matters

If a homeowner has to move right away, underwater mortgages can lead to short sales, which can be long and arduous. This is primarily because extra lenders are involved, and the bureaucracy of approving and processing a sale can scare off potential buyers who want to close on a house purchase quickly. However, buyers (that is, people who might want to buy John Doe's $300,000 house, in our example) can often get good deals on homes that have underwater mortgages, because lenders do not want to be in the business of owning real estate, want to be repaid as quickly as possible, and in our case, would rather have $300,000 than foreclose on the house.

Source: Investing Answers

underwater

adjective
How to pronounce underwater (audio)

English Language Learners Definition of underwater

: located, used, done, or happening below the surface of water

underwater

adjective
un·​der·​wa·​ter | \ ˈən-dər-ˈwȯ-tər How to pronounce underwater (audio) , -ˈwä- \

Kids Definition of underwater

 (Entry 1 of 2)

: lying, growing, worn, performed, or operating below the surface of the water an underwater cave underwater somersaults

underwater

adverb
un·​der·​wa·​ter | \ ˌən-dər-ˈwȯ-tər How to pronounce underwater (audio) , -ˈwä- \

Kids Definition of underwater (Entry 2 of 2)

: under the surface of the water I like to swim underwater.

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underwater

adjective
un·​der·​wa·​ter

Legal Definition of underwater

1 : owing more on a mortgage loan than the property securing the loan is worth underwater homeowners
2 : being or relating to a mortgage loan in which more is owed than the property securing the loan is worth underwater mortgages underwater properties

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Comments on underwater

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