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Internet
The Internet is the global telecommunication environment consisting of numerous smaller networks and gateways connecting millions of computers around the world. World-Wide Web is a part of Internet that consists of interlinked hypertext documents comprising global information system.
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white squire
Financial services; General Finance
White knight who buys less than a majority interest.
whitemail
Financial services; General Finance
Sale of a large amount of stock by a company that is the target of a takeover bid to a friendly party at below-market prices, so that the raider is forced to buy more of highly ...
whole life insurance
Financial services; General Finance
A contract with both insurance and investment components: (1) It pays off a stated amount upon the death of the insured, and (2) it accumulates a cash value that the policyholder ...
whole loan
Financial services; General Finance
A term that distinguishes an investment representing an original mortgage loan from a loan representing a participation with one or more lenders.
wholesale mortgage banking
Financial services; General Finance
The purchasing of loans originated by others, for the acquisition of the servicing rights.
wholesaler
Financial services; General Finance
An underwriter or a broker-dealer who trades with other broker-dealers, rather than with the retail investor.
wholly owned subsidiary
Financial services; General Finance
A subsidiary whose parent company owns virtually 100% of its common stock.
