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 ?
A firm that makes water filters, has come up with tap attachments which add flavour.
Flow makes water jets that cut using a pressured stream of water with a little abrasive.
The company, which has been in Marked Tree since 1971, makes water pumps for Ford Motor Co.
Erratic rainfall and a lack of irrigation makes water a scarce resource; safe drinking water is even rarer.