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Glossary of Stock Market

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W

Warrant
A derivative security that gives the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame.

Write-Off
A reduction in the value of an asset or earnings by the amount of an expense or loss.

Wall Street
A street in the city of Manhattan , New York where several major brokerage firms and stock exchanges are located. Dalal Street is the Indian counterpart in Mumbai.

Warrant
A warrant is a financial instrument issued by a bank or other financial institutions, which is traded on a Stock Exchange's equity market. Warrants may be issued over securities such as shares in a company, a currency, an index or a commodity.

Working Capital
Current assets minus current liabilities.

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