What is the definition of Watering stock? | Dictionary.net

WATERING STOCK

\wˈɔːtəɹɪŋ stˈɒk], \wˈɔːtəɹɪŋ stˈɒk], \w_ˈɔː_t_ə_ɹ_ɪ_ŋ s_t_ˈɒ_k]\

Definitions of WATERING STOCK

1910 - Black's Law Dictionary (2nd edition)

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In the language of brokers, adding to the capital stock of acorporation by the issue of new stock, without increasing the real value represented bythe capital.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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