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Non-profit organizations

Abbreviated as NGO, and also known as not-for-profit organisation; an organisation that does not distribute its surplus capital to shareholders or owners, but instead uses them to pursue its original goals.They are usually exempt from income and property tax and most often include charitable organisations, trade unions and public arts organisations.

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whisper number or forecast

Financial services; General Finance

An unofficial earnings estimate of a company given to clients by a security analyst if there is more optimism or pessimism about earnings than shown in the published number. These ...

whisper stock

Financial services; General Finance

A stock rumored to be the target of a takeover bid, drawing speculators who hope to make a profit after the takeover is completed.

whistle blower

Financial services; General Finance

A person who has knowledge of fraudulent activities inside a firm or government agency, who is protected from the employer's retribution by federal law.

white knight

Financial services; General Finance

A friendly potential acquirer sought out by a target firm that is threatened by a less welcome suitor.

white noise

Financial services; General Finance

The audio equivalent of Brownian motion. Sounds that are unrelated and sound like a hiss. The video equivalent of white noise is "snow" in television reception.

white sheets

Financial services; General Finance

Lists of prices published by the National Quotation Bureau for Market Makers.

white-shoe firm

Financial services; General Finance

Broker-dealer firms that disdain practices such as hostile takeovers.

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