waterbed effect n. The larger chains can extract more favourable conditions from suppliers than other types of retailer can. They are able to do this because of their market shares and integrated supply chains. The result of these practices can be what is known as the “waterbed effect,” when suppliers raise prices for other buyers (including independent shops) as a knock-on effect. [EnglishBusiness] [full cite] (Apr. 4, 2008)
waterblock n. The BFGTech 8800 GTX Water Cooled Edition video card is quite simply the stock version of the BFGTech GeForce 8800 GTX that has had the air cooled heatsink and fan unit removed to be replaced by a water cooled heatsink or “waterblock” as they are commonly called among enthusiasts. [EnglishTechnologyJargon] [full cite] (Jan. 19, 2007)
waterbowling n. They said Glass and another drill instructor would line recruits up after meals and force them to down liters of water from their canteens in a ritual they referred to as “waterbowling.” [EnglishMilitaryNew or NonceSlang] [full cite] (Nov. 16, 2007)
waterfall n. Last month, the retirement board, which Aguirre alleges covered up the city’s pension problem, eliminated an accounting method known as the “waterfall” that hid some of the city of San Diego’s pension obligations. Aguirre and outside consultants have condemned the accounting gimmick. [EnglishMoney & Finance] [full cite] (Nov. 15, 2006)
waterfall n. Lawmakers use the term “waterfall” to describe surplus revenue. Hube worried there might be no water in this year’s waterfall. [EnglishMoney & FinancePolitics] [full cite] (Feb. 19, 2007)
waterfall structure n. A single trust might be further sliced and diced to create different derivative securities, each one subordinated to the next in terms of the claim on cash flow. In the event of a default, the highest-rated—and lowest-yielding—security has the first claim to the remaining mortgage payments. The next-highest-rated security has the next claim, and so on, in what the industry calls a “waterfall” structure. [EnglishMoney & FinanceJargon] [full cite] (Oct. 2, 2008)
waterlase n. Unlike a conventional drill, waterlase—as it’s called—never touches a tooth. Instead, the tool shoots out a laser beam, combined with water, to quickly ream out a cavity. [EnglishHealth] [full cite] (Feb. 7, 2005)
watermark ad n. It would be difficult to find a clearer example of the mingling of real news and advertising than the “watermark” ads The Times started offering in late September. Advertising images are printed faintly underneath a full page of stock-price quotations, with a conventional ad stripped across the bottom. There is little distinction left between news and advertising in the ads, which many editors refer to as “shadow” ads. [ LanguageEnglish SubjectAdvertisingMedia] [full cite] (Nov. 6, 2005)