Tag: money

DefinitionWorking capital is a financial metric which represents operating liquidity available to a business, organisation or other entity, including governmental entities. Along with working...

DefinitionWealth management is an investment-advisory discipline which incorporates financial planning, investment portfolio management and a number of aggregated financial services. High-net-worth individuals, small-business owners...

What is 'Wallpaper' The name given to stocks, bonds and other securities that have become worthless. Explaining 'Wallpaper' The...

What is a warranty and what does it cover A warranty is a guarantee or promise made by a seller about the quality of their...

What is 'Warehouse Lending' Warehouse lending is a line of credit given to a loan originator to pay for a mortgage the borrower used to...

What is 'Gapping' In general, a trading strategy in which the participant borrows short and lends long. This strategy gives the lender an overall better...

DefinitionGarnishment is an American legal process for collecting a monetary judgment on behalf of a plaintiff from a defendant. Garnishment allows the plaintiff to...

What is 'Wage-Price Spiral' The wage-price spiral is a macroeconomic theory used to explain the cause-and-effect relationship between rising wages and rising...

What is 'Wal-Mart Effect' The economic impact felt by local businesses when a large firm such as Wal-Mart opens a location in...

DefinitionGazumping occurs when a seller accepts an oral offer on the property from one potential buyer, but then accepts a higher offer from someone...