This combination Real Estate Glossary and Personal Finance Glossary provides definitions of commonly used real estate and personal finance terms. All definitions are listed below, arranged in alphabetical order.
1 | 4 | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Waiver - A Waiver is the surrender or relinquishment of a particular right, claim, or privilege.
Warrants - Warrants give you the right to buy additional shares of stock at a pre-determined price. Sometimes when you buy preferred stock or bonds of speculative companies, you get a warrant. This sounds great, but the company usually has the right to call in the warrants, forcing you to exercise them (i.e. buy stock at the current price) or receive a few cents for each warrant you hold.
Wash Sale - A Wash Sale occurs when you sell stocks and repurchase them within 30 days prior to or after the sale.
Withholding - Withholding is an ongoing deduction from your paycheck that is sent, by your employer on your behalf, to the IRS.
Withholding Allowance - A Withholding Allowance is available for each personal and dependent exemption that you're entitled to take. You may also take additional exemptions to compensate for deductions and credits you plan to use. You may change your withholding allowances during the year if your income will be higher or lower than you planned.
Wrap Accounts - Wrap Accounts are special accounts where your broker wraps your mutual funds in with other investments you own. The broker keeps an eye out on all of it, for a 1 to 3 percent wrap account fee. Another wrap account is a mutual fund that has no up front load, but charges a fixed percentage of assets each year to cover the cost of the commission, management and expenses.
