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 classic literature ?
A watery Sabbath means a doleful day, and 'A watery Sabbath it is,' he replied with feeling.
As the two conversed in the ill-lit chamber, the dim bulbs of which were encrusted with the accumulated dust of centuries, a bent and withered figure traversed slowly the gloomy corridors without, his weak and watery eyes peering through thick lenses at the signs of passage written upon the dusty floor.
Emily's light grey eyes looked more watery than ever.
Some who have lain flat on the ice for a long time, looking down through the illusive medium, perchance with watery eyes into the bargain, and driven to hasty conclusions by the fear of catching cold in their breasts, have seen vast holes "into which a load of hay might be driven," if there were anybody to drive it, the undoubted source of the Styx and entrance to the Infernal Regions from these parts.
I begged Sergeant's Cuff's pardon, but I am afraid I did it with watery eyes, and not in a very becoming way.
Looking up at the sky, I saw the rack of clouds getting blacker and blacker, and hurrying faster and faster over a watery moon.
This gentleman,' said Silas Wegg, pointing out Venus, 'this gentleman, Boffin, is more milk and watery with you than I'll be.
You're too milk and watery with our friend, you are indeed,' remonstrated Silas, with a disapproving shake of his wooden head.
Mr Venus here being too milk and watery with you, I am the boy for you.
The first thing that waked her to fuller consciousness was the cessation of the rain, and a perception that the darkness was divided by the faintest light, which parted the overhanging gloom from the immeasurable watery level below.
Oh, how welcome, the widening of that dismal watery level, the gradual uplifting of the cloudy firmament, the slowly defining blackness of objects above the glassy dark
She could see now that the bridge was broken down; she could see the masts of a stranded vessel far out over the watery field.