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 worthb : 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
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 of underwater from the Web
But setting up time-lapse camera rigs deep underwater off the coasts of Caribbean islands, Hawaii and Australia proved problematic.
Some types help produce oxygen, making them crucial for wildlife that lives underwater.
The underwater propulsion scooter pulls swimmers at up to 2 miles an hour.
The man, who apparently was not wearing a lifejacket, was located by helicopter divers, The man was found underwater and was taken to a hospital, according to the fire department.
Families can explore what's below the sea on an underwater adventure 6-9 p.m. at the South Florida Science Center and Aquarium, 4801 Dreher Trail North in West Palm Beach.
The traps the city will likely use kill muskrats by trapping them underwater.
After suspending their search overnight due to a lightning storm, scuba divers by mid-morning Monday had pulled a seventh body from the underwater wreckage.
The film was written and directed by this writer, AL.com’s Ben Raines, who also filmed the underwater sequences and organized the first scientific missions to the site.
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.
First Known Use of underwater
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.
UNDERWATER Defined for English Language Learners
Definition of underwater for English Language Learners
: located, used, done, or happening below the surface of water
UNDERWATER Defined for Kids
Definition of underwater for Students
: lying, growing, worn, performed, or operating below the surface of the water an underwater cave underwater somersaults
Definition of underwater for Students
: under the surface of the water I like to swim underwater.
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
Seen and Heard
What made you want to look up underwater? Please tell us where you read or heard it (including the quote, if possible).