Wanton Disregard

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...

Waterfall Concept

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

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...

War Risk

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

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....

Water Rights

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...

Warrant Premium

What is 'Warrant Premium' The amount that an investor must pay above the current market price for a security, when purchasing and...

Wave

What is 'Wave' A pattern of behavior marked by noticeable increases and decreases. Waves can be identified in stock price movements and...

Watered Stock

DefinitionWatered stock is an asset with an artificially-inflated value. The term is most commonly used to refer to a form of securities fraud common...

Waiver Of Demand

What is 'Waiver Of Demand' An agreement by the party that has endorsed a check or draft to accept legal responsibility, without...