watered stock

NOUN
13 LETTERS · STARTS WITH W

watered stock is a valid 13-letter word worth 22 points in Scrabble and 23 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
W4A1T1E1R1E1D2S1T1O1C3K5
4 + 1 + 1 + 1 + 1 + 1 + 2 + 0 + 1 + 1 + 1 + 3 + 5 =22 PTS
DOUBLE WORD → 44TRIPLE WORD → 66
MEANING

What does watered stock mean?

NOUN · 1 SENSE
1

Stock representing ownership of overvalued assets; stock of a corporation whose total worth is less than its invested capital.

BROADER