below the waterline

Related

draft · bilge · submarine · iceberg · depth · sunken · unseen · lurking · beneath · cargo · ballast · concealed · damage · vulnerable · leak · titanic · reef · anchor

Opposites
vertical position relative to water surface

below the waterlineabove water

Not submerged, financially viable

on deck · topside · on the surface · superstructure · freeboard

visibility/exposure (metaphorical)

below the waterlinevisible

Able to be seen

on the surface · out in the open · apparent · exposed · tip of the iceberg

Familiarity
Top 2,000,000