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 ?
My ratatouille was fabulous, thick, tomatoey, the Mediterranean vegetables well braised to bring out their flavour without a hint of the wateriness which characterises my own feeble effort.
So French feminism is about nurturance in some strange way; it returns you, I think, to wateriness and to things changing and being very fluid, whereas my experience of Anglo-American feminism is much more solid, it's about the united or the complete woman, and I think now a lot of those women are very interested actually in French feminism.
In "Antropologicheskoe stranovedenie" (An Anthropological Guide to the Customs of the Country) she considers what the wateriness of the human body means, but her recourse to the elements never attains the clear analytic content of science.