Tag: economy

War Babies

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

Walk-Through Test

DefinitionA walk-through test is a procedure under financial audit performed by auditors. Walk-Through Test What is a 'Walk-Through Test' A walk-through test...

Weak Sister

What is 'Weak Sister' An element that undermines the entire system. Weak sister can either refer to a single individual or a...

Watch List

What is the 'Watchlist' 1. A list of securities being monitored closely by a brokerage or exchange in order to spot irregularities....

Wall Street

What is 'Wall Street' Wall Street is a street in lower Manhattan that is the original home of the New York Stock...

Waiver Of Demand

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

Wage Push Inflation

What is 'Wage Push Inflation' Wage push inflation is a general increase in the cost of goods that is preceded by and...

Walrasian Market

What is 'Walrasian Market' An economic model of a market process in which orders are collected into batches of buys and sells...

Wasting Trust

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

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...