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Toys and games

1) Devices that are used exclusively for recreation and play. Toys are most often used with children and pets and as a medium of education and development. Toys are not always obvious in their nature. A simple bottle can be considered a toy if an individual uses it for recreational use. 2) Games are structural activities used for physical or psychological education. In most cases, games are recreation. However, games can also be considered work. For example, a professional soccer game is a career to the participants.

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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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