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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).

wallpaper

Financial services; General Finance

A security with no monetary value.

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