Tag: finance

What is 'Waiver Of Exemption' A provision in a consumer credit contract or loan agreement that permitted creditors to seize or threaten...

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

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

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

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...

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...

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...

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,...

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