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 ?
We fear that Lee Raymond is acting as a ring-leader for corporate America's campaign to water down Kyoto.
Earlier this year, in the spirit of the Civil Rights era, African-Americans mobilized and defeated an attempt by a conservative congressman to water down laws requiring the nation's savings and loan and banking industries to serve minority communities and low-income areas.
All are variations of a theme: Slow water down and get it off the road
Most states have chosen to water down the no-fault principle in one of two ways.
Mr Walker, said: "Having commissioned a report into the banking sector, it is very disappointing that the Government is now looking to water down the findings before the ICB has even reported.
voters to water down council term limits, something that affects only its members.
Critics say the event was a carefully staged media stunt by a body determined to water down the teaching of evolution in state schools.
if you are wise you will water down what you've said.
We'll be sending water down the entire 62-mile reach of the river with a base flow as well as sending seasonal habitat flows -- which are higher flows that mimic the natural snow runoff.