Tag: financial

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...

Most people only think about water damage insurance when they are in the middle of a flood or some other major water emergency. But...

What is 'War Damage Insurance Corporation' A government financial protection arm created during World War II to provide coverage for war risks...

DefinitionWar bonds are debt securities issued by a government to finance military operations and other expenditure in times of war. War Bond What...

Willful or wanton disregard Willful or wanton conduct means the actions of one party were done with a conscious and reckless disregard for another person's...