| 单词 | watered capital |
| 释义 | > as lemmaswatered capital b. Finance. Of stocks, shares, etc.: artificially increased in value to a level not justified by assets, esp. in order to give a false impression to potential investors. Esp. in watered stock(s), watered capital. Cf. water v. 9d, watering n. 13. ΘΚΠ society > trade and finance > stocks and shares > stocks, shares, or bonds > [adjective] > types of securities > types of stock rigged1826 flat1841 watered1865 sticky1866 weak1875 washed1886 blue chip1894 pawned1903 stripped1979 1865 Sci. Amer. 2 Jan. 8/1 Such stocks are known in the market as ‘watered stocks’, and the name as applied to oil stock..is quite apropos. 1873 Newton Kansan 10 Apr. 2/2 The only curse railroads can be to a country arises from the ‘watered stock’ process. 1899 Westm. Gaz. 7 Mar. 5/1 Deduct from that £1,250,000 of watered capital. 1904 Edinb. Rev. Jan. 72 The Company had to pay a dividend on watered capital. 1913 Pacific Reporter 134 1179/1 He did not know, when he bought the stock of the defendant, that it was ‘watered’. 1993 Harper's Mag. Jan. 11/3 Most of the nineteenth-century railroad ventures collapsed under the weight of their own watered stock. < as lemmas |
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