A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
   
Warrant   A certificate that gives the holder the right to buy the underlying security at a specified price for a specified time directly from the company.
   
WCE   Winnipeg Commodity Exchange.
   
Wrap account   An account offered by investment dealers whereby investors are charged an annual management fee based on the value of invested assets.
   
Writer   The seller of an option contract who is obligated to meet the terms of delivery if the option owner exercises his or her right. This seller has made an opening sale transaction, and has not yet closed that position.
 
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