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Financial services

Related to any service provided by the finance industry, which encompasses a broad range of organisations that deal with the management of money.

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Financial services > General Finance

wholesale mortgage banking

Financial services; General Finance

The purchasing of loans originated by others, for the acquisition of the servicing rights.

wholesaler

Financial services; General Finance

An underwriter or a broker-dealer who trades with other broker-dealers, rather than with the retail investor.

wholly owned subsidiary

Financial services; General Finance

A subsidiary whose parent company owns virtually 100% of its common stock.

whoops

Financial services; General Finance

A nickname for the Washington Public Power Supply System, which in the 1970s raised billions of dollars through municipal bond offerings, the projects that never materialized. ...

wi wi

Financial services; General Finance

Come from when issued. Treasury bills trade on a WI basis between the day they are auctioned and the day settlement is made. Bills traded before they are auctioned are said to be ...

wide opening

Financial services; General Finance

Abnormally wide spread between the bid and asked prices of a security at the opening of a trading session.

widow-and-orphan stock

Financial services; General Finance

A stock paying high dividends with a low beta and noncyclical business, that is an extremely safe investment.