Tag: assets

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

What is 'Wasting Trust' A trust that holds plan assets when a qualified plan is frozen. A "wasting trust" derives its name...

DefinitionWatered stock is an asset with an artificially-inflated value. The term is most commonly used to refer to a form of securities fraud common...

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...

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

DefinitionWealth management is an investment-advisory discipline which incorporates financial planning, investment portfolio management and a number of aggregated financial services. High-net-worth individuals, small-business owners...

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 'Qualifying Ratios' A set of ratios that are used by lenders to approve borrowers for a mortgage. The borrower's front-end...

DefinitionA wealth tax is a levy on the total value of personal assets, including: bank deposits, real estate, assets in insurance and pension plans,...

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...