Tag: accounting

What is 'Wall Street' Wall Street is a street in lower Manhattan that is the original home of the New York Stock...

What is 'Wage Expense' In financial accounting, wage expense represents payments made to non-manufacturing employees, regardless of whether they are hourly or salaried. Depending on...

What is 'Wasting Asset' An item that irreversibly declines in value, as a function of time. Wasting assets include vehicles, machinery and...

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...

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

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

DefinitionWorking capital is a financial metric which represents operating liquidity available to a business, organisation or other entity, including governmental entities. Along with working...

What is a warranty and what does it cover A warranty is a guarantee or promise made by a seller about the quality of their...

What is 'Walk-Away Lease' A common type of car lease in which the lessee returns the car at the end of the...

Waiver Of Inventory Clause What is 'Waiver Of Inventory Clause ' A clause in an insurance policy that says that the...