Tag: financial

Waiver Of Premium For Disability

Waiver Of Premium For Disability What is 'Waiver Of Premium For Disability ' A provision in an insurance policy that states...

Watercraft Nonowned Insurance

Watercraft Nonowned Insurance What is 'Watercraft Nonowned Insurance ' A type of financial safeguard that covers marine vessels that are owned...

Weak Sister

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

Waiver Of Premium For Payer Benefit

Waiver Of Premium For Payer Benefit What is 'Waiver Of Premium For Payer Benefit ' A clause in an insurance policy...

War Risk Insurance

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

Wash-Out Round

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

Watch List

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

Waiver Of Exemption

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

Wall Street

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

Water Damage Clause

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