Glossary

Waiting period

The time between the initial filing of a registration statement and its effective date.

Weighted-average coupon

The weighted average of the gross interest rates of the mortgages underlying a pool as of the issue date, with the balance of each mortgage used as the weighting factor.

Weighted-average equity

The denominator of the fraction used to calculate investment-level income, appreciation and total returns on a quarterly basis, consisting of net assets at the beginning of the period adjusted for weighted contributions and distributions.

Weighted-average rental rates

The average proportion of unequal rental rates in two or more buildings within a market.

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A lexical database of English words which can be used to help search engines understand word relationships.

Working drawings

The set of plans for a building or project that comprise the contract documents that indicate the precise manner in which a project is to be built.

Workout

The process by which a borrower attempts to negotiate with a lender to restructure the borrower's debt rather than go through foreclosure proceedings.

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Popular open source blogging software platform, offering both a downloadable blogging program and a hosted solution.

Write-down

The accounting procedure used when the book value of an asset is adjusted downward to better reflect current market value.

Write-off

The accounting procedure used when an asset has been determined to be uncollectible and is therefore charged as a loss.