- Legal resources in plain English Home > Legal Definitions

Watered Stock

(n) When a joint stock company or corporation issues its stock for a consideration higher than the book value of such stock in the accounts of the establishment as on the date of transfer, such stock of shares are called watered stock. It is irrelevant of the market price of the stock Home
About us | Contact us | Privacy | Terms of service

2004 - 2007 All rights reserved