# Terminal Velocity in Water

Another question concerning classical physics. On Earth, the combination of air resistance and gravity interact in a way that creates the phenomenon of terminal velocity. Do other fluids (for example, water) have 'terminal velocities?' And if so, how are they different? I assume they must(I don't really know though), since both air and water are fluids, but the dynamic between gravity and fluids should make for some interesting variations in interactions nonetheless.