DefinitionWealth management is an investment-advisory discipline which incorporates financial planning, investment portfolio management and a number of aggregated financial services. High-net-worth individuals, small-business owners and families who desire the assistance of a credentialed financial advisory specialist call upon wealth...
What is 'Wealth Added Index - WAI' A metric designed by Stern Stewart & Co consulting firm that attempts to measure wealth created (or destroyed) for shareholders by a company. The WAI takes into account more variables...
DefinitionWorking capital is a financial metric which represents operating liquidity available to a business, organisation or other entity, including governmental entities. Along with working capital is considered a part of operating capital. Gross working capital is equal to current...
Water Quality Improvement Act Of 1970 What is 'Water Quality Improvement Act Of 1970 ' Legislation that expanded the federal government's authority over water quality standards and water polluters. The Water Quality Improvement Act Of 1970...
Traders often enter into weak long positions, which can lead to losses if not managed properly. In this article, we will explore what weak longs are, why traders enter into them, and the risks associated with them. We will...
What is the Wage Earner Plan (Chapter 13 Bankruptcy)?
The Wage Earner Plan, also known as Chapter 13 bankruptcy, is a repayment plan for individuals who are struggling to pay their debts. Under this plan, debtors are required to make...
What is 'Wallflower' A stock that has fallen out of favor and does not get much attention from the investment community. A wallflower will typically have very low trading volumes and may also trade at low multiples...
What is 'Water Damage Legal Liability Insurance' A policy that provides financial protection to a person or business that unintentionally causes water damage to the property of another. Water damage legal liability insurance is not included in...
DefinitionA wash sale is a sale of a security at a loss and repurchase of the same or substantially identical security shortly before or after. Wash sale regulations protect against an investor who holds an unrealized loss and wishes...
What is 'Warm Card' A type of ATM card that allows the bearer restricted access to a business account. Most frequently, the card allows for making deposits to the account but not withdrawals. Explaining 'Warm...