Having an odour, vapours or smoke which causes irritation to the eyes. / (figuratively) Having an extremely bad odour. / (figuratively) So expensive that (figuratively) it would make one's eyes water.

A river in the Scottish Borders council area, Scotland, which runs into the North Sea at Eyemouth.

In a manner or to a degree that causes one’s eyes to water or tear up, often due to an emotional situation or sentimental feelings, or due to shocking or exciting events.