Financial Dictionary

This dictionary contains:
24549
financial terms

W-8




W-8

Certificate of Foreign Status form required by the IRS to tell the payer, transfer agent, broker or other middleman that an employee is a nonresident alien or foreign entity that is not subject to U.S. tax reporting or backup withholding rules.

RELATED TERMS
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Certificate
A formal document used to record a fact and used as proof of the fact, such as stock certificates, that evidence ownership of stock in a corporation.

Foreign
Money that flows offshore and likely never returns. Flight is exacerbated by a lack of confidence as government grows without bounds.

Payer
The person making a payment to a payee.

Transfer
A change of ownership from one person or party to another.

Agent
The analysis of principal-agent relationships, in which one person, an agent, acts on behalf of another person, a principal.

Subject
Refers to a bid or offer that cannot be executed without confirmation from the customer. In other words, not firm, but a bid-offer that needs additional information-confirmation before becoming firm and is therefore still negotiable.

Withholding
Any tax that is taken directly out of an individual's wages or other income before he or she receives the funds.



SIMILAR TERMS
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PREVIOUS AND NEXT TERMS
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Wing Hang Bank
Wing Hang Bank is a top Hong Kong/Chinese corporation in the field of banking, and its estimated market value is 1,970 million US dollars.

Wana Inversiones, SICAV, S.A.
Wana Inversiones, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment.

White Coast Investment, SICAV, S.A.
White Coast Investment, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment.

Wolysen Inversiones, SICAV, S.A.
Wolysen Inversiones, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment.

World Policy, SICAV, S.A.
World Policy, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment.

W-8

W-9
Request for Taxpayer Identification Number and Certification form required by the IRS to furnish the payer, transfer agent, broker or other middleman with an employee's social security or taxpayer identification number.

Wage assignment
A Loan agreement provision allowing the lender to deduct payments from an employee's wages in case of default.

Wage or wages
Money earned for an hour's or day's or week's work (by shop and factory workers, etc.).

Wage push inflation
Inflation caused by skyrocketing wages.

Wage-price spiral
The situation in which inflation leads trade unions to demand wage increases which leads producers to raise their prices, and so on.

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This dictionary contains 24549 terms.







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