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/Sounds like "kah" (as in "car") + "GWAH" (as in "Guam") + "moh" (as in "more")/

Meaning

A liter-sized beer bottle, the biggest one you can grab at a corner store in Mexico. Named after the sea turtle because of its round, wide shape, the caguamo is the budget option for anyone serious about their night: one bottle, multiple glasses, maximum value.

Examples

Grab a couple of big bottles for the get-together, they're cheaper than buying a bunch of small ones.

We finished three liter bottles watching the game and barely spent anything.

Regional synonyms
Bandera de Argentina
Porrón

In Spain, completely wasted: drunk to the point of not being able to stand or speak straight. Como una cuba is one of the most classic Spanish expressions for being totally smashed.