The role of this glossary is to present brief definitions of most of the key concepts in corporate finance and management (in total 900 names-definitions) with aim the reader to be able to understand and become familiar with the terminology in the analyses that will present in the category Corporate & Business.
Additionally, we hope that the reader by acquiring intimacy with the specific terminology, he will also love the science of finance and management, giving to it a significant part of his personal time.
In the following glossary we tried to include the most well-known definitions and terms in the field of Corporate Finance & Management. If you still find that a term or definition is missing and you know that it can be included in this glossary, please do not hesitate to contact us via the contact form of our web-site (Contact Us) and the Liberal Globe will edit it and will include it.
Glossary Corporate Finance & Management
There are currently 13 names in this directory beginning with the letter W.
Warehouse receipt evidence that a firm owns goods stored in a warehouse.
Warrant long-term call option issued by a company.
Weak-form efficient market is a market in which security prices instantaneously reflect the information in the history of security prices. In such a market security prices follow a random walk.
Weighted-average cost of capital expected return on a portfolio of all the firm’s securities. Used as hurdle rate for capital investment.
White knight a more acceptable merger partner sought out by the target of a hostile bidder.
White squire a third party friendly to management who helps a company avoid an unwanted takeover without taking over the company on its own.
Winner’s curse the tendency that in a bidding contest or in some types of auctions, the winner is the bidder with the highest (overoptimistic) estimate of value. This explains the high frequency of negative returns to acquiring firms in takeovers with multiple bidders.
With dividend (cum dividend) term describing a purchase of shares by which the buyer is entitled to the forthcoming dividend.
With rights (cum rights, rights on)purchase of shares in which the buyer is entitled to the rights to buy shares in the company’s rights issue.
Withholding tax is a tax levied on dividends paid abroad.
Working capital current assets and current liabilities.
WOTS UP acronym for weakness, opportunities, threats and strengths; a technique to identify these key elements as part of the iterative process used to develop strategy.