wex definitions

Washington DC Voting Rights Amendment

The Washington D.C. Voting Rights Amendment was a proposed amendment by Congress in 1978 to the U.S. Constitution giving Washington D.C. similar representation to states in the national government. Currently, as set out in the 23rd amendment...

waste

When a person (ie. a tenant or a life tenant) who is merely in possession of property, abuses, destroys, or permanently changes the property.

watered stock

Watered stock refers to any stock issued by a corporation to someone in exchange for assets that under-compensate for the stock. The issue was a larger problem in the early 20th century when investors depended on the par value of stocks which...

Watkins v. United States (1957)

Watkins v. United States (1957) is the U.S. Supreme Court case holding that the Due Process Clause of the Fifth Amendment limits Congress’s ability to conduct investigations, namely its ability to require testimony on inquiries unrelated to...

weight of evidence

Weight of evidence is the believability or persuasiveness of evidence in probative value, not the quantity or amount of evidence. Weight of evidence is not determined by mathematics, but depends on its effect in inducing belief. In State v....

weight of the evidence

The degree to which evidence convinces triers of fact to either accept or reject a factual assertion. Sometimes, the phrase refers to the strength of a single piece of evidence. At other times, the phrase refers to the whole set of evidence presented...

welfare work rules

Rules requiring people receiving public benefits to move towards employment in order to get their benefits. Recipients who fail to do so often face sanctions including the loss of benefits for a period of months.

well-known seasoned issuer (WKSI)

Well-known seasoned issuer (WKSI) is a category of issuer which allows greater flexibility in accessing U.S. public markets.

Qualification as a well-known seasoned issuer

For an issuer to qualify as a WKSI, they must...

Wells Notice

A "Wells Notice" is a letter sent by a securities regulator to a prospective respondent, notifying him of the substance of charges that the regulator intends to bring against the respondent, and affording the respondent with the opportunity to submit a...

Wells Submission

A response to a Wells Notice. A Wells Notice warns a person or business of possible enforcement action by the U.S. Securities and Exchange Commission (SEC). In a Wells Submission, the person or business so warned has the opportunity to present facts...

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