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 ?
There's a rich imagination at work, too, in Mary Follows' fantasy paintings, Temporal Visions, in water-colours.
Andrew Jenkin's water-colour, Beech Trees at Greenfield, has plenty of realism and good treatment of sun and shadow.
Paul Talbot-Greaves (pictured), a finalist in Channel Four's Water-Colour Challenge, gave a two-hour demonstration to launch the club which will meet fortnightly on Tuesday mornings at Hall Bower Sunday School.
Father carried a pad of water-colour paper with him wherever he went," said Wilfred.
Semi-professional artists Gill Yarnall and Gill Sedgebear, both from Kenilworth, are showing off their water-colour paintings at the Priory Theatre in Rosemary Hill, between February 9 and 19.
The collection, of over 600 paintings, drawings and water-colours, included works by JMW Turner.