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Accounting
Includes the principles as well as the system of documenting and summarizing business and financial transactions and analyzing, verifying, and reporting the results.
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waiting period
Financial services; General Finance
Time during which the Securities and Exchange Commission (SEC) studies a firm's registration statement. During this time the firm may distribute a preliminary prospectus.
waiver of premium
Financial services; General Finance
A provision in an insurance policy that allows payment of insurance premiums to be permanently or temporarily stopped in the event the policyholder becomes incapacitated.
walk away
Financial services; General Finance
To take and maintain a position in a stock after going to the floor to consummate a trade. Antithesis of trade me out, buy them back.
Wall Street
Financial services; General Finance
Generic term for the securities industry firms that buy, sell, and underwrite securities.
wallflower
Financial services; General Finance
Stock that has fallen out of favor with investors; stock that tends to have a low P/E (price-to-earnings ratio).
