Water

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Water

In auto sales, a slang term for false equity. For example, water occurs when a car owner claims $3,000 in equity on a vehicle when she only has $1,500 in equity.
References in periodicals archive ?
Cotman in the North: Water-colours of Durham and Yorkshire is at the Bowes Museum, Barnard Castle, until July 31.
He has travelled extensively gaining inspiration for his water-colour landscapes and his style is constantly changing and evolving.
Tom Roden, who painted Dartmoor scenes for most of his life until he died in 1926, has four water-colours in the sale.
The terraced houses of Batley the 60s, huddle together in Cynthia Guest's water-colour painting, while Majorie Batemen neatly catches the cobbled streets of Haworth, also in water-colour, and Beryl Conroy has nicely handled reflections in Towpath to Slaithwaite (acrylic).
It was described as a water-colour, but proved to be a print worth $50.
Beryl Conroy portrays an inviting landscape in her oil, Down to the Sea, Cloughton, while splashy colours work well in Olwen Kitson's water-colour scene at Rowen, Wales.