W fintech glossary terms

WACC

Weighted Average Cost of Capital.

Wallet (Digital)

Software or device to store crypto keys.

Wash Trading

Buying and selling to fake volume.

Waterfall

Linear project management.

Wealthtech

Tech for wealth management.

Web 3.0

Next generation of internet (decentralized).

Web3

Decentralized version of the internet.

Webhook

Automated data delivery.

WebSocket

Two-way communication channel.

Wei

Smallest unit of Ether.

White Label

Product rebranded by another company.

White Paper

Report giving info about a project.

Whitepaper

Document explaining a crypto project.

Wi-Fi

Wireless networking.

Wire Transfer

Electronic transfer of funds between banks.

Working Capital

Current assets minus current liabilities.

Worm

Malware that replicates itself across networks.

Wrapped Bitcoin

Bitcoin on Ethereum network.

Wrapped Bitcoin (WBTC)

ERC-20 token pegged to Bitcoin value.

Wrapped Token

Token representing an asset on another blockchain.

Write-off

Reduction of asset value to zero.