What is Weak Form Efficiency
In finance, weak form efficiency is the idea that prices reflect all information that is publicly available. In other words, it is not possible to beat the market by analyzing past price data because all...
What is 'Wage Expense'
In financial accounting, wage expense represents payments made to non-manufacturing employees, regardless of whether they are hourly or salaried. Depending on the presentation, this line item may also include payroll tax expenses and other benefits paid...
What is 'Warrant Coverage'
Warrants are issued to shareholders in exchange for a percentage of the dollar amount of the shareholder's investment, according to an agreement between a corporation and its shareholders.
Explaining 'Warrant Coverage'
Example: If an investor purchases 1,000,000 shares...
What is 'War Exclusion Clause' A clause in an insurance policy that specifically excludes coverage for acts of war such as invasion, insurrection, revolution, military coup and terrorism. A war exclusion clause in an insurance contract refers...
What is 'Water Damage Clause' A clause in a property-casualty insurance contract. A water damage clause states that the insured is covered for water damage that occurs for specific reasons, such as frozen pipes or sewer backup....
What is 'Wall Street' Wall Street is a street in lower Manhattan that is the original home of the New York Stock Exchange and the historic headquarters of the largest U.S. brokerages and investment banks. The term...
What is 'Waiver Of Exemption' A provision in a consumer credit contract or loan agreement that permitted creditors to seize or threaten to seize specific possessions or property (typically those considered necessities) even if state law treated...
What is the 'Watchlist' 1. A list of securities being monitored closely by a brokerage or exchange in order to spot irregularities. Firms on the watchlist might be suspected of regulatory violations, about to issue new securities,...
What is 'Wash-Out Round' A common round of financing to owners of small companies that are not yet financially stable. When such financing is done, the new issuance serves to dilute drastically the ownership of previous investors...
DefinitionWar risk insurance is a type of insurance which covers damage due to acts of war, including invasion, insurrection, rebellion and hijacking. Some policies also cover damage due to weapons of mass destruction. It is most commonly used in...