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under water

 - 3 dictionary results
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un⋅der⋅wa⋅ter

  [uhn-der-waw-ter, -wot-er]
Use under water in a Sentence
–adjective
1. existing or occurring under water.
2. designed to be used under water.
3. located below a ship's waterline.
–adverb
4. beneath the water: to travel underwater.
–noun
5. the water beneath the surface: cold currents in the underwater.
6. underwaters, the depths, as of a sea, lake, etc.
Origin:
1620–30; under- + water
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Word Origin & History

underwater  (adj.)
1627, from under + water.
Online Etymology Dictionary, © 2001 Douglas Harper
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Financial Dictionary

underwater

Of or relating to a stock option for which the option exercise price is higher than the market price of the stock.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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