katrina pants
high waters, jeans or pants that ride up, come above the ankles or are too small, steve erkle pants.
After seeing a geek with high waters:
Guy1: Yo, is the flood comin?
Guy2: Na, that's his Katrina Pants, what a loser!
Guy1: Yo, is the flood comin?
Guy2: Na, that's his Katrina Pants, what a loser!