Category: W

Wet Loan

Definition A wet loan refers to a mortgage in which the funds are received by the borrower before all the paperwork is completed. The “wetness”

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Whipsaw

Definition In finance, whipsaw refers to a condition where an investor or trader is caught in a position of suffering loss due to rapid and

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Whistleblower

Definition A whistleblower is an individual who exposes any kind of information or activity that is deemed illegal, unethical, or not correct within an organization.

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Whartonite

Definition “Whartonite” is an informal term used to describe an individual who has graduated or is currently attending The Wharton School of Business University of

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Whisper Stock

Definition Whisper stock refers to the shares of a company that is subject to rumors or speculation about certain developments such as a potential takeover,

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Whisper Number

Definition A whisper number refers to the unofficial and unpublished earnings forecasts made by professionals for a particular company’s forthcoming announcement. These numbers are typically

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White-Collar Crime

Definition White-collar crime refers to non-violent offenses typically committed by individuals or organizations in the business sector. It’s named for the white-collared professionals who are

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When Issued (WI)

Definition “When Issued” (WI) is a term used in finance to refer to a transaction that is made conditionally, because a security has been authorized,

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White Candlestick

Definition A White Candlestick is a term used in technical analysis that refers to a chart pattern signifying a stock’s closing price was higher than

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White Elephant

Definition A “White Elephant” in finance refers to an investment, asset, or project that is very costly to maintain, doesn’t generate adequate returns, and can’t

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