W-2: The W-2 form, officially known as the "Wage and Tax Statement," is a document that employers in the United States are required to complete for each employee. It reports the employee's annual wages and the amount of taxes withheld…

The W-9 Form is an IRS document used by individuals and entities to provide their taxpayer identification number (TIN) to those who are required to report payments made to them. It is commonly used by freelancers, contractors, and other service…

Wall Street refers to a specific street located in the Financial District of Manhattan, New York City, which is known as the historical heart of the financial services industry in the United States. It is often used metonymically to represent…

A wallet address is a unique string of alphanumeric characters that represents a destination for cryptocurrency transactions. It functions similarly to an email address, allowing users to send and receive digital currencies like Bitcoin, Ethereum, and others. Wallet addresses are…

Web3 Web3 refers to the next generation of the internet that leverages blockchain technology to create a decentralized and user-centric online environment. It aims to give users more control over their data, enhance privacy, and enable peer-to-peer interactions without intermediaries.…

The Weighted Average Cost of Capital (WACC) is the average rate of return a company is expected to pay its security holders to finance its assets, weighted by the proportion of each source of capital (equity, debt, etc.). It represents…

A white-label product is a product or service produced by one company that other companies rebrand and sell as their own. These products are typically manufactured by a third-party supplier and are designed to be easily customized with a different…

A whitepaper is an authoritative report or guide that addresses a specific topic and presents a problem and solution. It is commonly used in business and technical fields to inform readers, promote products, or establish thought leadership. Examples: Cryptocurrency: A…

Widow and Orphan Stocks refer to shares of companies that are considered stable and low-risk, typically paying consistent dividends. These stocks are often favored by conservative investors, such as retirees or those seeking to preserve capital.Widow stocks are typically shares…

Wildcat Drilling refers to the process of drilling for oil or natural gas in unexplored or unproven areas where no previous discoveries have been made. This type of drilling is typically conducted in regions that have not been identified as…

A withholding allowance is a specific amount that taxpayers can claim on their W-4 forms to determine how much federal income tax should be withheld from their paychecks. The more allowances claimed, the less tax is withheld, as each allowance…

A Wolfe Wave is a technical analysis pattern that indicates potential reversals in financial markets. It consists of five waves (labeled 1 to 5) and typically forms after a strong price movement. The pattern is characterized by specific price action…

A Workers Union is an organized group of workers who come together to make decisions about the terms of their work, including wages, working conditions, benefits, and job security. These unions negotiate with employers on behalf of their members to…

Working capital refers to the difference between a company's current assets and current liabilities, indicating its short-term financial health and operational efficiency. It is essential for day-to-day operations and can be calculated as: Working Capital = Current Assets - Current…

A "Wrap Fee" is a comprehensive fee charged by investment firms that covers various services such as investment management, brokerage, and custodial services. Instead of paying separate fees for each service, clients pay a single fee that 'wraps' all services…