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/Sounds like "kah" (as in "car") + "GWAH" (as in "Guam") + "mah" (as in "mark")/

Meaning

A large beer bottle (usually one liter) that's shared among friends on the sidewalk in Mexico. The caguama is the people's beer, cheap, generous, and social. Named after the sea turtle, it's an icon of Mexican street culture.

Examples

We bought some big beers and sat on the sidewalk to chat.

An ice-cold caguama on a hot afternoon is unbeatable.

Word family
Regional synonyms
Bandera de México
Bandera de Honduras
Cheve

In Colombia, to shamelessly overcharge someone or completely drain their wallet. Getting despelucado means walking away with less money than you should have paid, and knowing there was nothing you could do about it.