Tag: economics

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 'War Risk' 1. The possibility that an investment will lose value because of a major, violent political upheaval. War generates...

Warehouse-To-Warehouse Clause What is 'Warehouse-To-Warehouse Clause ' A clause in an insurance policy that provides for coverage of cargo in transit....

DefinitionWater right in water law refers to the right of a user to use water from a water source, e.g., a river, stream, pond...

What is 'Warrant Premium' The amount that an investor must pay above the current market price for a security, when purchasing and...

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

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

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 water pollution liability Water pollution liability is the legal responsibility for damages caused by the contamination of bodies of water. This can include...

What is 'Waiver Of Demand' An agreement by the party that has endorsed a check or draft to accept legal responsibility, without...