above water


Also found in: Dictionary, Thesaurus, Medical, Legal, Financial, Acronyms, Encyclopedia.

above water

1. Being or holding an asset that is worth more than its purchase price or the debt owed on it.
2. Making more than enough money to meet financial obligations.
See also: above, water
References in classic literature ?
For a long time Ulysses was under water, and it was all he could do to rise to the surface again, for the clothes Calypso had given him weighed him down; but at last he got his head above water and spat out the bitter brine that was running down his face in streams.
It is clear that this applies to all those breathless and hasty "tasters of everything," who plunge too rashly into the sea of independent thought and "heresy," and who, having miscalculated their strength, find it impossible to keep their head above water.
After his father's death it had taken time to get his head above water, and he did not want Andrew Hale, or any one else in Starkfield, to think he was going under again.
Manifestly this: That, in order to keep a vessel above water, it is necessary to take care that the vessel and its cargo shall be of less weight than the weight of a quantity of water -- pray follow me here
Miss Haldin's interruption resembled the effort of a drowning person to keep above water.
The hook had caught him under the right armpit, and he swayed, erect and horrible, head and shoulders above water.
The Hamburg ship, filling all at once, cap- sized as she sank, and at daylight there was not even the end of a spar to be seen above water.
I went on easily, and on the way I came upon a flat rock a foot or two above water.
It is uninhabited, and it is only two or three feet above water.
All this while, the good creatures had been waiting on the bank of sponge, and once, every half minute or so, had popped up their four heads above water, to see if their playmate were yet coming back.
Andrew Lewis took the attention of the swimmers next - starting with the gentle sound of a tide before incorporating sublime choral harmonics above water and catastrophic vacuum-like noise below.
Phillips, who was not present, added: "I'd like to say a big thank-you to Ruth Bailey, who kept his head above water, to Nicky Carlisle [the course inspector], who helped dig the bank out so they could get him out of the stream, and to the vets, the fire brigade and everyone else who played a part.
His female friend climbed down to help and called police on a mobile phone while holding her pal's head above water as the shoreline slowly became engulfed in heavy waves.
The only way we keep our heads above water is by our own fundraising and a few grants.
A piece of ice that big could have towered as high above water as a four-story building.