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| Warrant |
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| Similar to an option, gives the holder the right to purchase securities at a set price for a specific period of time. Warrant certificates last longer than options, typically holding value for a few years or indefinitely. Warrants are often traded as securities at a price that reflects the underlying security. |
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| Wealth Management |
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| A professional service which is the combination of financial/investment advice, accounting/tax services, and legal/estate planning for one fee. |
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| Winding Up |
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| The process of terminating a company by realising its assets, paying off creditors and holders of loan capital and distributing the remaining assets among shareholders, according to the correct order of priority. |
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| Wire Transfer |
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| Electronic transfer of money. |
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| Workflow |
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| A term used to describe the tasks, procedural steps, organizations or people involved, required input and output information, and tools needed for each step in a business process.
In general, workflow management focuses on processes rather than documents. A number of companies make workflow automation products that allow a company to create a workflow model and components such as online forms and then to use this product as a way to manage and enforce the consistent handling of work. |
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