Tag: washington

What is 'Fat Cat' A slang word used to describe executives who earn what many believe to be unreasonably high salaries and...

DefinitionForeclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making...

What is 'Fed Speak' A phrase used to describe former Federal Reserve Board Chairman Alan Greenspan's tendency to make wordy statements with...

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

What is 'Wasting Trust' A trust that holds plan assets when a qualified plan is frozen. A "wasting trust" derives its name...

DefinitionA wash sale is a sale of a security at a loss and repurchase of the same or substantially identical security shortly before or...

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 an underfunded pension plan and how does it happen An underfunded pension plan happens when a company doesn't have enough money set aside...

What is 'Wash' A series of transactions that results in a zero net sum gain. This can be the result of a loss on one...