Wall Street Refiner

"Wall Street refiner" is a term that began in 1987-88, when Wall Street financial institutions became involved in the oil business. Wall Street has no refineries, of course. Firms such as…

Wall Streeter

A "Wall Streeter" is someone who works on Wall Street -- usually in the financial industry. A "Wall Streeter" could also mean someone who lives on Wall Street, but few people…

Whackage

Barry Ritholtz's financial blog, The Big Picture, has been using the term "whackage" (whack + package/wreckage) since at least February 2006. A typical Friday blog headline is…

Whisper Number

A "whisper number" is an unofficial earnings estimate -- a rumor or "whispered number" among analysts. A company might project an official earnings estimate, but analysts often…

White Knight

Entry in progress -- B.P. Wikipedia: White knight (business)In business, a white knight, or "friendly investor" may be a corporation, or a person that intends to help another firm. There…

White Money

"White money" is legitimately earned (the opposite of "black money") and fully reported for tax purposes. "White money" has been cited in print since at least 2009,…

White Squire

Entry in progress -- B.P. Wikipedia: White knight (business)In business, a white knight, or "friendly investor" may be a corporation, or a person that intends to help another firm. There…

Whitemail

Entry in progress -- B.P. Wikipedia: WhitemailWhitemail, coined as an opposite to blackmail, has several meanings explained below. EconomicsIn economics, whitemail is an anti-takeover arrangement…