Tag: finance
Water Pollution Liability
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...
Watered Stock
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...
Walrasian Market
What is 'Walrasian Market' An economic model of a market process in which orders are collected into batches of buys and sells...
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...
Wasting Trust
What is 'Wasting Trust' A trust that holds plan assets when a qualified plan is frozen. A "wasting trust" derives its name...
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...
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...
Wear And Tear Exclusion
Wear And Tear Exclusion What is 'Wear And Tear Exclusion ' A provision of an insurance contract that states that the...
Waiver
What is a 'Waiver' A waiver is the voluntary action of a person or party that removes that person's or party's right...
War Damage Insurance Corporation
What is 'War Damage Insurance Corporation' A government financial protection arm created during World War II to provide coverage for war risks...