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 ?
Thus people are buying mosambi (sweet lime), water-melons, strawberries.
Those scientists in France who have devoted their time to producing socks that stop your feet smelling sweaty and underwear that smells of water-melons instead of you, pale alongside the rabbi in Israel who wants to ban people from picking their noses on the Sabbath.
Researchers from Finland were investigating the impact of lycopene, a bright red chemical found in tomatoes, peppers and water-melons, BBC health reported.