Glossary
Warranty
A type of guarantee that a manufacturer or similar party makes regarding the condition of its product
Weighted Average Cost of Capital (WACC)
The average rate that a company is expected to pay to finance its assets, weighted by the proportion of each component of the capital structure
White Paper
An authoritative report or guide that informs readers concisely about a complex issue and presents the issuing body's philosophy on the matter
Working Capital
A measure of a company's operational efficiency and short-term financial health, calculated as current assets minus current liabilities