|Warrant: A financial contract that gives the holder the right, but not the obligation, to buy or sell a specific underlying asset, such as a stock or commodity, at a specified price and on a specified date. Warrants are usually issued by companies and are traded on stock exchanges.
|West Texas Intermediate (WTI): A type of crude oil used as a benchmark in oil pricing. It is extracted from the Permian Basin in West Texas, USA. It is considered to be of higher quality and lower sulfur content compared to other types of crude oil.
|Working order: An order to buy or sell a security that is placed with a broker or trading platform, but has not yet been executed. It remains active until it is either filled or cancelled.