Glossary


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Warrant

    A financial asset, issued by the firm, which gives its holder the right to purchase a fixed number of shares of common stock at a predetermined price.
White Knight
    A firm that comes to the rescue of a corporation that is being taken over.
Wilshire 5000
    An equity index comprising more than 6000 US listed stocks. The index originally included only 5000 companies, thus the number in the name.
Working Capital
    Current assets minus current liabilities.