adjective
describing the state of being above the surface of water
adverb
modifying a verb or adjective to indicate being in a position higher than the surface of water
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The company managed to stay above water during the economic downturn.
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I'm just trying to keep my head above water with all these assignments.
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I'm barely staying afloat with all these bills, just trying to stay above water.
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After the storm passed, the town was finally able to come up for air and stay above water.