What is 'Warrant Premium' The amount that an investor must pay above the current market price for a security, when purchasing and...
DefinitionWater right in water law refers to the right of a user to use water from a water source, e.g., a river, stream, pond...
Warehouse-To-Warehouse Clause What is 'Warehouse-To-Warehouse Clause ' A clause in an insurance policy that provides for coverage of cargo in transit....
What is 'War Risk' 1. The possibility that an investment will lose value because of a major, violent political upheaval. War generates...
DefinitionA wash sale is a sale of a security at a loss and repurchase of the same or substantially identical security shortly before or...
What is 'Waterfall Concept' A life insurance plan that provides a tax benefit in regards to intergenerational transfers of wealth. The concept...
Willful or wanton disregard
Willful or wanton conduct means the actions of one party were done with a conscious and reckless disregard for another person's...
DefinitionWar bonds are debt securities issued by a government to finance military operations and other expenditure in times of war. War Bond What...
What is 'War Damage Insurance Corporation' A government financial protection arm created during World War II to provide coverage for war risks...
What is a 'Waiver' A waiver is the voluntary action of a person or party that removes that person's or party's right...