| 1. | Warrants | A certificate, usually issued along with a bond or preferred stock, entitling the holder to buy a specific number of securities at a specific price, which is usually above the current market More… |
| 2. | Wealth Creation Business | A professional service that includes a combination of investment advice, tax services, and estate planning. |
| 3. | Whipsaw | Refers to when a position is taken and a stop loss is created. The market moves down to trigger the stop loss and then turns around. In this way, the trader suffers two losses |
| 4. | Whisper Number | Analyst predictions about earnings or economic indicators. They're considered whispers because they are not made public, but inevitably become public through leaks. Some people call More… |
| 5. | Wholesale | The sale of services, goods, or commodities in large quantities to individual clients. |
| 6. | Wire Transfer | Electronic transfer of funds from one bank to another. |
| 7. | Withholding Tax | Income tax withheld from employees' wages and paid directly to the government by the employer. |
| 8. | Working Day | When the banks in the country of origin for a particular currency are open for business. For currency pairs, this is compounded by the fact that both banks must be open. |
| 9. | World Trade Organization | A global organization of countries that trade with one another and set rules by which trading is conducted. |
| 10. | WTO | See World Trade Organization. |
