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To water stock

Source : Webster's Revised Unabridged Dictionary (1913)

Water \Wa"ter\, v. t. [imp. & p. p. {Watered}; p. pr. & vb. n.
   {Watering}.] [AS. w[ae]terian, gew[ae]terian.]
   1. To wet or supply with water; to moisten; to overflow with
      water; to irrigate; as, to water land; to water flowers.

            With tears watering the ground.       --Milton.

            Men whose lives gilded on like rivers that water the
            woodlands.                            --Longfellow.

   2. To supply with water for drink; to cause or allow to
      drink; as, to water cattle and horses.

   3. To wet and calender, as cloth, so as to impart to it a
      lustrous appearance in wavy lines; to diversify with
      wavelike lines; as, to water silk. Cf. {Water}, n., 6.

   4. To add water to (anything), thereby extending the quantity
      or bulk while reducing the strength or quality; to extend;
      to dilute; to weaken.

   {To water stock}, to increase the capital stock of a company
      by issuing new stock, thus diminishing the value of the
      individual shares. Cf. {Water}, n., 7. [Brokers' Cant]
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