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Warehouse-To-Warehouse Clause

Warehouse-To-Warehouse Clause What is 'Warehouse-To-Warehouse Clause ' A clause in an insurance policy that provides for coverage of cargo in transit....

War Risk

What is 'War Risk' 1. The possibility that an investment will lose value because of a major, violent political upheaval. War generates...

Wash-Sale Rule

DefinitionA wash sale is a sale of a security at a loss and repurchase of the same or substantially identical security shortly before or...

Waterfall Concept

What is 'Waterfall Concept' A life insurance plan that provides a tax benefit in regards to intergenerational transfers of wealth. The concept...

Wanton Disregard

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...

War Bond

DefinitionWar bonds are debt securities issued by a government to finance military operations and other expenditure in times of war. War Bond What...

War Damage Insurance Corporation

What is 'War Damage Insurance Corporation' A government financial protection arm created during World War II to provide coverage for war risks...

Waiver

What is a 'Waiver' A waiver is the voluntary action of a person or party that removes that person's or party's right...

Wear And Tear Exclusion

Wear And Tear Exclusion What is 'Wear And Tear Exclusion ' A provision of an insurance contract that states that the...

Warm Calling

What is 'Warm Calling' The solicitation of a potential customer with whom a sales representative or business has had prior contact. Warm calling refers to...