Next time you meet someone who's puzzled about the Underwater Voter phenomenon, hand them a copy of Merriam-Webster's Dictionary.Merriam-Webster added new words and definitions to their iconic dictionary last week. The sheer number of underwater homeowners and economic impact of underwater homes and the housing crisis compelled the dictionary editors to add "underwater" as a new word.It's official: the housing crisis and the currently 16 million underwater homes have left a permanent dent in our language. The word "Underwater" now has a new definition.
un·der·wa·ter adj \??n-d?r-?w?-t?r, -?wä-\: having, relating to, or being a mortgage loan for which more is owed than the property securing the loan is worth