The word squat has different meanings:

• Squatting is also a term for inhabiting unused land without title, especially in a city. In many parts of the world, large segments of the population lack title for land they occupy and could thus be considered to be squatters. See squatter.
• A squat is a posture half-way between standing and sitting.
• The squat is a lower-body exercise in weight training, which is also used as a lift in powerlifting.
• Squat is also the alternate name of Scott Adams' strip character Plop.
• Squats are also a race of 'space dwarfs' in the Warhammer 40,000 universe.
• In slang, squat can mean "of little or no value", as in "this computer isn't worth squat."