Water Quality Improvement Act Of 1970
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 grew out of the 1948 Federal Water Pollution Control Act and placed additional limits on the discharge of oil into...
Weak Longs
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 also look at how to exit a weak long position profitably, as well as strategies for avoiding or minimizing losses. What...
Wage Earner Plan (Chapter 13 Bankruptcy)
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 regular payments to their creditors over a period of time, typically three to five years. The amount of the payments...
Wallflower
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 of price to earnings or price to book. A wallflower stock is usually found in an unpopular sector, and seldom...
Water Damage Legal Liability Insurance
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 all policies, so the insured should read his or her insurance contract carefully to determine if this coverage is included....
Wash Sale
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 to make it claimable as a tax deduction within the current tax year. The security is then repurchased in the...
Warm Card
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 Card' The use of warm cards provides business owners with greater banking security. Employees who must make bank deposits...
Warsaw Stock Exchange (WSE)
What is 'Warsaw Stock Exchange - WSE' The largest stock exchange in eastern Europe, located in Warsaw Poland. Trading started on April 16, 1991, and the exchange ballooned to a market capitalization of approximately $200 billion (EUR) in six years. Instruments such as shares, bonds and various derivative products can all be traded electronically on this exchange....
Wall Of Worry
What is 'Wall Of Worry' The financial markets' periodic tendency to surmount a host of negative factors and keep ascending. Wall of worry is generally used in connection with the stock markets, referring to their resilience when running into a temporary stumbling block, rather than a permanent impediment to a market advance. Explaining 'Wall Of...
Working Capital
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 assets. Working capital is calculated as current assets minus current liabilities. If current assets are less than current liabilities, an...