Whole Loan

A whole loan is a loan contract between one lender and one borrower that the lender holds as a single, intact asset until it…

Whole Life Cost

Whole‑life cost — also called life‑cycle cost, lifetime cost, or “cradle‑to‑grave” cost — is the total expense of owning and using an asset over…

Whole Life Annuity

A whole life annuity (often called a life annuity) is an insurance contract that converts a lump sum into a guaranteed stream of periodic…

Whole Life Annuity Due

A whole life annuity due is an insurance contract that pays a guaranteed stream of income for the remainder of an annuitant’s life, with…

White Candlestick

A white candlestick (sometimes shown as green or hollow) marks a period in which the price closed above its opening price. It’s a simple…

Whitewash Resolution

Key takeaways – A whitewash resolution is a shareholder-approved process used by a target company to permit financial assistance to an acquirer while preserving…

White Squire

A white squire is a friendly investor or company that buys a non‑controlling stake in a target firm to block or deter a hostile…

White Paper

A white paper is an authoritative, persuasive report that presents research, analysis, or a solution to a specific problem. Organizations issue white papers to…

White Knight

A white knight is a friendly investor or company that steps in to buy a target firm threatened by a hostile takeover. The white…

White Elephant

A white elephant is an asset, property, project, or business whose ongoing costs, maintenance needs, or illiquidity make it far more burdensome than valuable.…