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Water Damage Clause
What is 'Water Damage Clause' A clause in a property-casualty insurance contract. A water damage clause states that the insured is covered...
Weak Form Efficiency
What is Weak Form Efficiency
In finance, weak form efficiency is the idea that prices reflect all information that is publicly available. In other words,...
Wasting Trust
What is 'Wasting Trust' A trust that holds plan assets when a qualified plan is frozen. A "wasting trust" derives its name...
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...
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...
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 Risk
What is 'War Risk' 1. The possibility that an investment will lose value because of a major, violent political upheaval. War generates...
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...