Tag: definition

DefinitionWar risk insurance is a type of insurance which covers damage due to acts of war, including invasion, insurrection, rebellion and hijacking. Some policies...

What is 'Wash-Out Round' A common round of financing to owners of small companies that are not yet financially stable. When such...

What is 'Water Damage Clause' A clause in a property-casualty insurance contract. A water damage clause states that the insured is covered...

What is 'War Exclusion Clause' A clause in an insurance policy that specifically excludes coverage for acts of war such as invasion,...

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 Weak Form Efficiency In finance, weak form efficiency is the idea that prices reflect all information that is publicly available. In other words,...

What is 'War Babies' A name given to securities in companies that are defense contractors. These securities are called war babies because...

What is Wash Trading Wash trading is the illegal practice of buying and selling assets in order to artificially inflate the price. This is often...

A warehouse bond is a type of surety bond that guarantees payment for goods that are stored in a bonded warehouse. The bond is...

Most people only think about water damage insurance when they are in the middle of a flood or some other major water emergency. But...