to submerge or to put something under water; to lose one's property, estate, savings (metaphorical)
Alonso de Molina:
atitlanaquia. nic. (pret. onicatitlanaqui.) desperdiciar la hazienda. metaphora. Alonso de Molina, Vocabulario en lengua castellana y mexicana y mexicana y castellana, 1571, part 2, Nahuatl to Spanish, f. 8r. col. 1. Thanks to Joe Campbell for providing the transcription.
atitlanaquia. nitla. (pret. onicatitlanaqui.) hundir o meter algo enel agua. Alonso de Molina, Vocabulario en lengua castellana y mexicana y mexicana y castellana, 1571, part 2, Nahuatl to Spanish, f. 8r. col. 1. Thanks to Joe Campbell for providing the transcription.