General Finance

General Finance

Industry: Financial services

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General Finance

world investible wealth

Financial services; General Finance

The part of world wealth that is traded and is therefore accessible to investors.

World Trade Organization (WTO)

Financial services; General Finance

A multilateral agency that administers world trade agreements, fosters trade relations among nations, and solves trade disputes among member countries.

wrap account

Financial services; General Finance

An investment consulting relationship for management of a client's funds by one or more money managers, that bills all fees and commissions in one comprehensive fee charged quarterly.

The seller of an option, usually an individual, bank, or company that issues the option and consequently has the obligation to sell the asset (if a call) or to buy the asset (if a put) on which the ...

Wraparound annuity

Financial services; General Finance

An option strategy to avoid using a margin account. Instead of depositing margin with a broker, a put writer can deposit a cash balance equal to the option exercise price, and can avoid additional ...

Wraparound mortgage

Financial services; General Finance

See: Naked option

Wrinkle

Financial services; General Finance

Selling a put option at an exercise price that would represent a good investment by an option writer who believes a stock's value will fall, so that the writer cannot lose. If the stock price ...