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Water Stock (To)

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To add extra shares. Suppose a “trust” (q.v.) consists of 1,000 shares of £50 each, and the profit available for dividend is 40 per cent., the managers “water the stock,” that is, add another 1,000 fully paid-up shares to the original 1,000. There are now 2,000 shares, and the dividend, instead of £40 per cent., is reduced to £20; but the shares are more easily sold, and the shareholders are increased in number.

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Entry taken from Dictionary of Phrase and Fable, edited by the Rev. E. Cobham Brewer, LL.D. and revised in 1895.

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Watch on Board Ship
Watchet
Water
Water
Water
Water-gall
Water-hole
Water-logged
Water-Poet
Water-sky (A)
Water Stock (To)
Water of Jealousy (The)
Water Tasting like Wine
Waters (Sanitary)
Waterloo Cup (The)
Waterworks (The)
Watling Street
Watteau
Wave
Wax-bond End (A)
Way-bit