Glossary List W

Wage push inflation is an economic syndrome by which the prices of goods and services are hiked up on account of increased wages paid to workers. Just to maintain corporate profits, the employers correspondingly increase the prices of goods and services they produce for the economy.

Wall Street is an 8 block long street situated at Lower Manhattan district of New York. It is the financial hub of United States of America. The New York Stock Exchange or NYSE is situated at Wall Street which involves itself in buying and selling of stocks and shares.

In order to mitigate losses arising from invasion, terrorism, revolution, military coup and other varied forms of political unrest, war risk insurance policies are taken up. Property owners and auto dealers take up war risk insurance policies so that they need not compensate for war-related events.

Warrant is the exclusive right to buy or sell shares at a certain price, before the expiration or lapse period of the discounted price. He/she must buy shares at given exclusive prices before the lapse of the expiration period as stated on the warrant deed.

It is a wash-sale if shares and securities are sold at losses and the stock-holder receives identical shares/ securities 30 days before or after the distress sale. Losses incurred via wash-sale deals cannot be deducted as stocks or securities come with contracts to get them sold, at the earliest.

Watch list is a list of securities that are closely watched by an exchange or a brokerage firm in order to spot irregularities.

A stock that is issued at a value much higher than a company's valuing assets. The stock is overvalued on account of stock dividends excessively given away to share-holders, assets that were over-valued and also due to huge proportion of operational losses.

Weak dollar is a figurative value of a dollar losing its value against other foreign currencies. The dollar can lose its value against one or more foreign currencies. A US dollar gets exchanged for fewer units of foreign currency due to hiked up interest rates owing to the sluggish outlook faced by the US economy.

Wealth cycle is a step by step break-down of one's financial journey aboard. These include Transition, Accumulation, Reaping of wealth benefits, Preservation and Wealth management.

Wealth management is a scientific way by which one can plan finances wisely in order to accumulate massive wealth and take care of the independent and future generations, as well. Investment planners need the right kind of guidance and counseling to plan taxes, investments, real-estate and retirement in a seamless and organized manner.

White knight is regarded as the ultimate savior of a company in the midst of a hostile take-over as it saves the company from being governed by fraudulent and money-minded group of individuals. It preserves the core business of the company and negotiates better take-over terms.

Whole-sale price index or WPI is the point of sale of products at bulk quantities as products are sold to shop-owners and organizations rather than individual consumers. WPI is a measure to calculate inflation across economies.

Wide opening is a terminology that is used in the financial parlance to describe a stock, share or derivative that can be used for a wide number of purposes. Derivatives also help one perform number of functions like swaps, futures and forward options and therefore provide the investor with a wider opening at the stock markets.

The Widow and orphan stock belong to an elite group of stocks that pay investors with higher dividends and carry lower risk. These belong to blue chip companies stocks and are less likely to get impacted by economic down-turns.

Window contract is a guaranteed form of investment which allows investors to deposit their funds over the designated window period usually between 3 and 12 months. All the deposits made under the window contract deal are assured of the same credit rating.

Window dressing is a clever strategy adopted by fund managers or investment advisors of an aforesaid mutual fund entity to portray the financial conglomerate as a performer or the best investing domain, in order to attract more shareholders or stake owners into investing money into the firm.