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stock watering

   Also found in: Legal, Financial, Wikipedia 0.01 sec.
stock watering
n
(Economics, Accounting & Finance / Stock Exchange) Business the creation of more new shares in a company than is justified by its assets


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Devilish tricks go back to the days of Daniel Drew (1797-1879), reputed inventor of stock watering, but without modern toys even Ole Dan'l, who went to jail and died bankrupt for the sheer gall of his business crimes, could not have pulled off the tricks we first saw with Enron.
Funding will help farmers and landowners upstream of Glaisdale to fence off river banks to provide alternative stock watering facilities.
Arizona does not explicitly define beneficial use, but states that "[a]ny person, the state of Arizona or a political subdivision thereof may appropriate unappropriated water for domestic, municipal, irrigation, stock watering, water power, recreation, wildlife, including fish, nonrecoverable water storage .
 
 
 
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