# 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

Welfare Criterion
A method of deciding whether a proposed change in the economy should be made based on specific criteria evaluating gains and losses.
White Knight
An entity or investor that acquires a company to save it from an unwanted takeover.
White Noise
A stochastic process with zero mean, constant variance, and zero autocorrelation
White Paper
A UK government publication generally intended as a prelude to legislation, contrasted with a green paper meant to stimulate public discussion.
White's Test
A diagnostic tool for detecting heteroscedasticity in regression analysis, utilizing regressions of squared OLS residuals.
Wholesale Banking
Banking by institutions which specialize in dealing with other financial institutions, large firms, and wealthy individuals.
Wholesale Prices
The prices of goods dealt with on a wholesale basis, important for economic indicators and analyses.
Wholesaling
The sale of goods to distributors, rather than the general public.
widget
Understanding the term 'widget' in economic texts.