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 ?
By adding tiny ridges to a silicon surface seems to be the answer, as it makes water bounce off 40% faster than was previously thought possible.
The company, which makes water coolers and dehumidifiers, has recently added its range of air source heat pumps to the products manufactured at its existing site, where it employs 200 people.
Ameron also makes water transmission lines and infrastructure products.Country: USA, Sector: Machinery/EngineeringTarget: Ameron International CorporationBuyer: National Oilwell Varco IncDeal size in USD: 772mType: Corporate acquisitionStatus: Agreed