Warehouse Financing
What is warehouse financing and what are the benefits Warehouse financing is a type of short-term loan that is often used by businesses in the agricultural and commodities industries. The loan is typically used to cover the cost of storing inventory, such as grain or other raw materials, in a warehouse. Warehouse financing can be a helpful tool for businesses...
Waiver Of Inventory Clause
Waiver Of Inventory Clause What is 'Waiver Of Inventory Clause ' A clause in an insurance policy that says that the insurance company will not require the policyholder to provide a written list of the property that was not damaged during an insured event. The waiver of inventory clause will usually only apply to certain types...
Weak Shorts
What is 'Weak Shorts' Traders or investors who hold a short position in a stock or other financial asset who will close it out at the first indication of price strength. Weak shorts are typically investors with limited financial capacity, which may preclude them from taking on too much risk on a single short position. A weak short...
Weak Dollar
What is a weak dollar and what are the effects A weak dollar is when the value of the U.S. dollar decreases compared to other currencies. A weaker dollar makes U.S. exports more expensive, and imported goods cheaper. This can have a number of effects on the economy, both positive and negative. A weak dollar can lead to inflation, as...
Wassily Leontief
DefinitionWassily Wassilyevich Leontief, was a Russian-American economist known for his research on input-output analysis and how changes in one economic sector may affect other sectors. Leontief won the Nobel Committee's Nobel Memorial Prize in Economic Sciences in 1973, and four of his doctoral students have also been awarded the prize. Wassily Leontief What is 'Wassily Leontief' A...
Warehouse Receipt
DefinitionA warehouse receipt is a document that provides proof of ownership of commodities that are stored in a warehouse, vault, or depository for safekeeping. Warehouse Receipt What is 'Warehouse Receipt' A receipt used in futures markets to guarantee the quantity and quality of a particular commodity being stored within an approved facility. Explaining 'Warehouse Receipt'...
Wealth Tax
DefinitionA wealth tax is a levy on the total value of personal assets, including: bank deposits, real estate, assets in insurance and pension plans, ownership of unincorporated businesses, financial securities, and personal trusts. Typically liabilities are deducted, hence it is sometimes called a net wealth tax. Wealth Tax What is 'Wealth Tax' It is a tax based...
Wal-Mart Effect
What is 'Wal-Mart Effect' The economic impact felt by local businesses when a large firm such as Wal-Mart opens a location in the area. The Wal-Mart effect usually manifests itself by forcing smaller retail firms out of business and reducing wages for competitors' employees. Many local businesses oppose the introduction of Wal-Marts into their territories for this...
Wage-Price Spiral
What is 'Wage-Price Spiral' The wage-price spiral is a macroeconomic theory used to explain the cause-and-effect relationship between rising wages and rising prices, or inflation. The wage-price spiral suggests that rising wages increases disposable income, thus raising the demand for goods and causing prices to rise. Rising prices cause demand for higher wages, which leads to higher...
Leadership
What is 'Leadership' Leadership is the ability of a company's management to set and achieve challenging goals, take swift and decisive action, outperform the competition, and inspire others to perform well. It is tough to place a value on leadership or other qualitative aspects of a company, compared to quantitative metrics that are commonly tracked and much...