Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: W

WALLED GARDEN

Environment attractively designed aimed at keeping a captive comfortable and satisfied.

WASH TRADE

Different methodology to wash sale. Not legal as it deals with selling off then rebuying investments to increase trade.

WEIGHTING

Technique where some data is more emphasized than other in a summary or group.

WHISPER NUMBER

Unpublished opinion in the investment community about a firm’s possible forthcoming earnings.

WIDE MARKET

Market showing wide spread or substantial profit margins.

WILSHIRE 5000

Index that represents every listed company in the US and is the largest measure of stock market performance.

WORK REQUEST

Authorization for mow work through client/customer negotiations.

WORKING DAY

1. Commerce. A day that is not a legal holiday or a Sunday. 2. Law. A day other than Sunday and a gazette, statutory holiday.

WRITE

Term for the action of accepting an insurance application and insuring a risk.

WALLET

Apparel used to organize cash, credit cards and other small items important for daily use.

WASHINGTON MUTUAL

One of the USA’s largest savings and loan businesses based in Seattle in Washington. Washington Bank is no longer a part after FDIC seized and sold assets to JP Morgan Chase in

WEAK DOLLAR

Relating to another countries currency needing more of yours to buy theirs.

WELFARE

1. Resources and conditions needed for healthy and comfortable living. 2. Government support for members of society who are disadvantaged.

WHITE COLLAR CRIME

Fraud and crime committed by managerial and administrative personnel, professionals and public servants.

WITH RIGHTS

Buying shares where the purchaser has the right o buy more shares in the next share issue.

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