|
|
|
|
|
|
|
| |
|
|
|
Waiver of Specified Premium
|
|
|
An optional life insurance policy rider that waives a specified Premium on a traditional product for the length of a qualified disability as outlined in the policy contract.
An insurance policy rider that allows a policyholder to stop making Premium payments...
|
|
|
|
|
|
|
Wall of Worry
|
|
|
A phrase used to describe a bullish market trend in the face of expected negative uncertainties
A phrase used to describe a bullish market trend occurring in the face of negative uncertainties.
When stock prices are rising regardless of market uncertainties,...
|
|
|
|
|
|
|
Wall Street
|
|
|
The street in New York City where the NYSE is located.
Wall Street is a street in lower Manhattan island, New York City, USA. It runs east from Broadway downhill to South Street on the East River, through the historical center of the Financial District....
|
|
|
|
|
|
|
Wallflower
|
|
|
A stock that has fallen out of favor with investors and, consequently, tends to trade at a Low P/E.
Also called orphan stock. In general condition, a wallflower is somebody who remains on the sidelines of a social activity. The financial sense of the word...
|
|
|
|
|
|
|
Walrasian Market
|
|
|
An economic model of a market process in which orders are collected into batches of buys and sells and then analyzed to determine a clearing price that Will decide the market price. Also called "call market".
The NYSE uses a similar process before the...
|
|
|
|
|
|
|
War Babies
|
|
|
Securities in companies that are defense contractors are called War Babies .
Also known as defense stocks. A good example of this are firms that build aircrafts and ammunition. When a war is imminent, these stocks tend to outperform the market because...
|
|
|
|
|
|
|
War Bond
|
|
|
Debt securities issued by a government for the purpose of financing military operations during times of war.
It is an sentimental appeal to patriotic citizens to lend the government their money because these bonds Offer a rate of return below the market...
|
|
|
|
|
|
|
War Chest
|
|
|
Slang term for the reserve of Cash a Corporation keeps aside to attempt a takeover or to defend against a hostile takeover.
For example, we may hear, "Look for ABC Company to make an Acquisition soon; they've been selling off assets in order to build up...
|
|
|
|
|
|
|
Warrant Coverage
|
|
|
An agreement between a company and its shareholders whereby the company issues warrants equal to some percentage of the dollar amount of the shareholder's investment.
For example, if an investor purchases 1,000,000 shares of stock at a price of $5 per...
|
|
|
|
|
|
|
Warrant Golden Cross
|
|
|
In Technical Analysis, a Golden Cross is formed when a Short moving average breaks above a longer one when both rise.
The signal is considered much stronger if the cross is formed after the moving averages have stayed close to each other for some time.Financial...
|
|
|
|
|
|
|
Warren Buffet
|
|
|
Warren Buffet is known as the most successful stock market investor in the world. Having started in 1954 with $100, he is NOW worth around $20 billion. He learned about the markets working for Ben Graham but started to make his own mark with his holding company,...
|
|
|
|
|
|
|
Wash
|
|
|
A situation where two events or actions have the effect of nullifying each other.
In terms of investment, this could be when gains in a Portfolio equal the losses. This is another way of saying that you've broken even.
|
|
|
|
|
|
|
Wash Sale
|
|
|
An illegal transaction an investor makes by simultaneously buying and selling a Security through two different brokers, thereby creating the illusion of activity.
Investors do this to try and recognize a Tax loss without actually changing their Position....
|
|
|
|
|
|
|
Wash Trading
|
|
|
An illegal stock trading practice where an investor simultaneously buys and sells shares in a company through two different brokers.
A transaction designed to make it appear that a purchase and sale has occurred even though no change in ownership occurred....
|
|
|
|
|
|
|
Wash-Sale Rule
|
|
|
An Internal Revenue Service (IRS) rule prohibiting a taxpayer from claiming a loss on the sale of an investment when the same investment was purchased within 30 days before or after the sale date.
Also known as the "30-day Wash-sale rule". This rule...
|
|
|
|
|
|
|
Watch List
|
|
|
A list of securities being monitored closely by a brokerage or Exchange in order to Spot irregularities.
Firms on the watch list might be suspected of regulatory violations, about to issue new securities, attracting unusually Heavy Volume, etc.
|
|
|
|
|
|
|
Wave
|
|
|
A metaphor for daily market activity that goes against the weekly market tide.
An investor trading daily would measure the market waves, or the daily market trends, with various oscillators from the triple screen trading system. The ocean metaphors for...
|
|
|
|
|
|
|
Wealth Added Index - WAI
|
|
|
A metric designed by the Steward Stern &; Co. consulting firm that attempts to measure wealth created (or destroyed) for shareholders.
The WAI takes into account more variables than just the profits or share growth of a company. According to this theory,...
|
|
|
|
|
|
|
Well's Notice
|
|
|
Notifications issued by regulators to inform individuals and companies of completed investigations where infractions have been discovered.
A Wells Notice is a letter that the U.S. Securities and Exchange Commission sends to people or firms when it is planning...
|
|
|
|
|
|
|
Whipsaw
|
|
|
A condition where an investor's Security transaction is quickly followed by an opposite reaction. Sometimes referred to as "being whipped".
The origins of term is derived from the push and pull action used by lumberjacks to cut wood with a type of saw...
|
|
|
|
|
|
|
Whisper Number
|
|
|
Unofficial and unpublished Earnings per share forecasts that circulate among the professionals and wealthy investors on Wall Street.
It can be a company's forecasted Future Earnings or revenues according to the collective expectations of individual investors....
|
|
|
|
|
|
|
Whisper Stock
|
|
|
Shares in a company that is rumored to be the target of a takeover Offer.
The source of whisper stocks could be anybody from an investment banker involved in a deal, to the spouse of an executive privy to the information. It is only a rumour. There is...
|
|
|
|
|
|
|
White knight
|
|
|
A potential Acquirer who is sought out by a target company's management to take over the company to avoid a hostile takeover by an undesirable black knight.
A company which makes a hostile takeover Bid on a target company is a black knight.
|
|
|
|
|
|
|
Whitemail
|
|
|
A strategy that a takeover target uses to try and thwart an undesired takeover attempt.
The target firm issues a large amount of shares at below-market prices, which the acquiring company Will then have to purchase if it wishes to complete the takeover....
|
|
|
|
|
|
|
Whole life insurance
|
|
|
A permanent life insurance policy that remains in full force and effect throughout the life of the insured, with fixed Premium payments being made for the same period.
Life insurance that provides coverage for an individual's entire life (as opposed to...
|
|
|
|
|
|
|
Wholesale Banking
|
|
|
Banking services between merchant banks and other financial institutions. In other words, business to business banking.
Sometimes wholesale banking is the provision of services by banks to other financial institutions. Usually, however, wholesale banking...
|
|
|
|
|
|
|
Widget
|
|
|
A hypothetical product used to illustrate a business concept.
|
|
|
|
|
|
|
Wildcat strike
|
|
|
An unauthorized work stoppage while a labor contract is still in effect.
Wildcat strike is an illegal strike action taken by labor not authorized by their union. Unions have the power to collectively bargain for its members and to call for strikes demanding...
|
|
|
|
|
|
|
Will
|
|
|
A legally enforceable declaration of how a person wishes his or her property to be disposed of after death. Also known as a will and testament.
Will is a legal document expressing the desires of the author with regard to the disposition of property after...
|
|
|
|
|
|
|
Wilshire 5000
|
|
|
This is the most comprehensive index of the entire US Equity market: this index measures the performance of shares in all US-based companies with readily-available price data.
Although it is called the Wilshire 5000 index, it is actually calculated using...
|
|
|
|
|
|
|
Windfall
|
|
|
Money received which was not expected and not a direct result of something the recipient did.
|
|
|
|
|
|
|
Windfall Tax
|
|
|
A Tax levied by governments against certain industries when economic conditions allow those industries to experience above-average profits.
Windfall taxes are primarily levied on the companies in the targeted industry that have benefited the most from...
|
|
|
|
|
|
|
Window
|
|
|
The Discount window of a Federal Reserve Bank.
Discount means anything selling below its normal price, opposite of Premium. The Federal reserve Bank is one of 12 regional banks established to maintain reserves, issue bank Notes, and lend money to member...
|
|
|
|
|
|
|
Wire Fraud
|
|
|
A situation where a person concocts a scheme to defraud or obtain money based on false representation or promises.
This criminal act is done over using electronic communications or an interstate communications facility. It is a legal concept in the United...
|
|
|
|
|
|
|
Wire Transfer
|
|
|
A wire transfer is an electronic transfer of funds across a network administered by hundreds of banks around the world.
Wire transfers can be done by a simple bank account transfer, or by a transfer of Cash at a Cash office. Bank wire transfers are often...
|
|
|
|
|
|
|
Withholding tax
|
|
|
A Tax levied by a country of source on income paid, usually on dividends remitted to the home country of the firm operating in a foreign country.
Withholding Tax is an amount withheld by the party making payment to another (payee) and paid to the taxation...
|
|
|
|
|
|
|
Work permit
|
|
|
Work permit is a generic term for a legal authorization which allows a person to take employment.
It is most often used in reference to instances where a person is given permission to work in a country where one does not hold citizenship, but is also used...
|
|
|
|
|
|
|
Working capital
|
|
|
A measure of both a company's efficiency and its Short-term financial health.
It is the difference between current assets and current liabilities. Also known as "net working capital".
Contrasted with capital, a permanent use of funds, working capital...
|
|
|
|
|
|
|
World Fund
|
|
|
A Mutual Fund that invests in securities from several different countries, including the United States.
World funds typically have a major portion of their investment in U.S.-listed securities, but also spread their investment capital among securities...
|
|
|
|
|
|
|
World Trade Organization - WTO
|
|
|
An international organization dealing with the global rules of trade between nations.
The WTO's headquarters are in Geneva, Switzerland.
Its main function is to ensure that trade flows as smoothly, predictably, and freely as possible. The World Trade...
|
|
|
|
|
|
|
|
|
|
|
|
