watered stock

English - English

Definition of watered stock in English English dictionary

: Shares of stock in a business that are inflated by parties colluding with the seller making inflated offers for the property that the stock represents, which are reported to potential sellers as indicative of the value of the stock

stock representing ownership of overvalued assets; stock of a corporation whose total worth is less than its invested capital

{i} (Finance) stock issue offered to the public at a greatly inflated price in relation to the real value of the company's assets; stock of a company whose total worth is less than its invested capital

Turkish pronunciation

wôtırd stäk

Pronunciation

/ˈwôtərd ˈstäk/ /ˈwɔːtɜrd ˈstɑːk/

Etymology

() Derived from the practice of "watering" livestock before sale, where the seller gives an animal a large quantity of water to drink before a potential buyer weighs the animal to determine its value.