An earthquake registering 7.7 Mw off the coast of Nicaragua became the first tsunami earthquake to be captured on modern broadband seismic networks.

The 1992 Nicaragua earthquake occurred off the coast of Nicaragua at 6:16 p.m. on 1 September. Some damage was also reported in Costa Rica. At least 116 people were killed and several more were injured. The earthquake was caused by movement on a convergent plate boundary. It created a tsunami disproportionately large for its surface-wave magnitude.

The moment magnitude scale is a measure of an earthquake's magnitude based on its seismic moment. M_w  was defined in a 1979 paper by Thomas C. Hanks and Hiroo Kanamori. Similar to the local magnitude/Richter scale (M_L ) defined by Charles Francis Richter in 1935, it uses a logarithmic scale; small earthquakes have approximately the same magnitudes on both scales. Despite the difference, news media often use the term "Richter scale" when referring to the moment magnitude scale.

In seismology, a tsunami earthquake is an earthquake which triggers a tsunami of significantly greater magnitude, as measured by shorter-period seismic waves. The term was introduced by Japanese seismologist Hiroo Kanamori in 1972. Such events are a result of relatively slow rupture velocities. They are particularly dangerous as a large tsunami may arrive at a coastline with little or no warning.