Tag: company
Warehouse Bond
A warehouse bond is a type of surety bond that guarantees payment for goods that are stored in a bonded warehouse. The bond is...
Water Damage Insurance
Most people only think about water damage insurance when they are in the middle of a flood or some other major water emergency. But...
Waiver Of Premium For Disability
Waiver Of Premium For Disability What is 'Waiver Of Premium For Disability ' A provision in an insurance policy that states...
Watercraft Nonowned Insurance
Watercraft Nonowned Insurance What is 'Watercraft Nonowned Insurance ' A type of financial safeguard that covers marine vessels that are owned...
Weak Sister
What is 'Weak Sister' An element that undermines the entire system. Weak sister can either refer to a single individual or a...
Waiver Of Premium For Payer Benefit
Waiver Of Premium For Payer Benefit What is 'Waiver Of Premium For Payer Benefit ' A clause in an insurance policy...
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...
War Exclusion Clause
What is 'War Exclusion Clause' A clause in an insurance policy that specifically excludes coverage for acts of war such as invasion,...
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...
Waterfall Concept
What is 'Waterfall Concept' A life insurance plan that provides a tax benefit in regards to intergenerational transfers of wealth. The concept...