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Credit Card Glossary - W

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Waiver
The intentional and voluntary giving up of rights or claims.
Wall Street Journal Prime Rate
The fluctuating prime rate published in the Wall Street Journal, which surveys several banks to arrive at its number.
WSJ Prime Rate
The initials stand for the Wall Street Journal, which surveys large banks and publishes the consensus prime rate. It's the most widely quoted measure of the prime rate, which is the rate at which banks will lend money to their most-favored customers. The prime rate will move up or down in lock step with changes by the Federal Reserve Board. For more, see prime rate.