watered stock

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Related to watered stock: treasury stock
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Noun1.watered stock - stock representing ownership of overvalued assets; stock of a corporation whose total worth is less than its invested capital
stock - the capital raised by a corporation through the issue of shares entitling holders to an ownership interest (equity); "he owns a controlling share of the company's stock"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
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"My strong opinion is that Citigroup has become a 'watered stock' due to the excessive use of the pooling loophole for mergers," Parish says.
In a broader context, the advantages of liquidity - the ability to quickly and easily sell or trade an asset, be it house, car, stock, or bond - are readily apparent; however, a less obvious downside exists as well.(1) This Economic Commentary may be thought of as a tour of the dark side of liquidity, an area populated by watered stock, acid tests, ugly princesses, and other denizens of the economic landscape.
Steel out of watered stock. Forgive him that he writes like a lawyer and a bureaucrat.