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1.
Waterbugs is a saying that the famous viner Alx James came up with. It is used as a verb. It is like ignoring haters. (Use them large sunglasses).
Girl 1: "I have too many haters so what do I do?"
Girl 2: "Just waterbug them hoes (large sunglasses)
door Kc1234 29 november 2013
 
2.
(noun) An extremely humongous cockroach which Texans call a waterbug.
Newcomer to South Texas: "OH.MY.GOD. The biggest roach ever just ran across my foot out in the garage."

Texan: "Oh that was just a waterbug."
door ladypimpslap 17 maart 2011
 
3.
An avid and skillfull swimmer
"How the hell did you make it to the other side of the pool in that short of time?"

"I don't know...I guess I'm a water bug!"
door gutterbitch 2 augustus 2009
 
4.
A roach from a joint or blunt
"Yo man that's done, throw that water bug back to his home!"
door Mutombo 22 december 2006
 
5.
mexican cockroach ( big 3 inches long ) can fly.
In Indio I saw a mexican eating a water bug. They bite the butt off and suck juice out.
door itichie_nocanpo 21 juni 2006
 
6.
an extremely skinny guy, usually is very twitchy, must have no muscle to speak of.
"do u see that guy trying to curl 5 pounds.. ttl waterbug"
"look now adam has a nickname for how scrawny he is... WaterBug"
door Bleb!!! 10 november 2006