FISCAL AGENTS: Financial Services Group


Open the QuickNav window
Home
Search
Site Map
Contact

The Knowledge Bank
Info-Reports
IP-Profiler
10 Principles Book
The Book Store
Financial Glossary
InterWeb
Resource Centre

The Money Centre

The Learning Centre

Financial Tools

The Money Management Newsletter

Products and Services
About Us




A-B-C-D-E-F-G-H-I-JK-L-M-N-O-P-Q-R-S-T-U-V-W-XYZ

Specialized Glossaries:


Mortgage / Real Estate
Life Insurance
Estate Planning

Retirement / RSP / RIF
Mutual Funds
Credit / Financing

Abbreviations / Acronyms

Definitions – W
   

Warehousing:

The interim holding period from the time of the closing of a issue to its subsequent marketing to capital market investors.

 

Warrants

Sometimes come with a new issue of corporate bonds to make them more attractive. Normally, they are options to buy more shares in the company at a fixed price at any time before a certain date. Sometimes, you get the right to buy something else such as a bond or commodity such as gold. After the initial sale, they are usually detachable and traded separately.

 

Wash:

Gains equal losses.

 

Watch List:

A list of firms or securities selected for special surveillance by a brokerage, stock exchange or provincial regulatory organization; firms on the list are often takeover targets, companies planning to issue new securities or stocks showing unusual activity.

 

Whole Life:

Life insurance which pays whenever death occurs. Whole life insurance has cash values. (Also called straight life or ordinary life.)

 

White Knight:

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

Widely held:

very large companies are deemed to be widely held, i.e., no one party is owning more than 10% of the outstanding shares. Deferent percentages are used to describe this term.

 

Will Executing:

The process of making your will valid. Usually involves formalities in regard to signing by the testator and witnessing of that signature.

Will:

A legally enforceable declaration of a person's wishes relating to matters to be dealt with after his death and inoperative until his death. A will is revocable or can be amended by a codicil up to the time of death, and is applicable to the situation which exists at the time of death.