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1.
another name for female discharge during intercourse
Guy: Was it good for you?
Girl: OH YEA!! do you see how much pond water there is?!?!
автор: Jen E. 14 июля 2005
 
2.
The same as highwaters.

Slang for short pants, ie, the person's socks are showing.
Look at him, he has got the pondwaters on... what a faggot.
автор: blakejd5692 5 января 2010
 
3.
A great drink (if you wanna get hammered), half a lager mixed with WKD blue, its lush.
Can't think of an example for pondwater, its a drink.
автор: Ant93 11 октября 2005