Tag: accounting
Wall Street
What is 'Wall Street' Wall Street is a street in lower Manhattan that is the original home of the New York Stock...
Wage Expense
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...
Wasting Asset
What is 'Wasting Asset' An item that irreversibly declines in value, as a function of time. Wasting assets include vehicles, machinery and...
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...
Wave
What is 'Wave' A pattern of behavior marked by noticeable increases and decreases. Waves can be identified in stock price movements and...
Walk-Away Lease
What is 'Walk-Away Lease' A common type of car lease in which the lessee returns the car at the end of the...
What is 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...
Warranty
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...
Generally Accepted Principles And Practices (GAPP)
What is 'Generally Accepted Principles And Practices - GAPP' Standardized business procedures related to the operation of sovereign wealth funds (SWFs). The...