Financial Terms Dictionary
W
W-2 Form
A W-2 Form is an Internal Revenue Service (IRS) form for reporting salaries, wages, or tips. A 1099 form is for reporting income other than salaries, wages, and tips.
Windows key
The Windows Logo Key is a special keyboard key on Windows keyboards. It is on the left of the keyboard below the letter “Z.” The Windows key was introduced in 1994 as a modifier key for the Windows 95 operating system.
If a Windows keyboard is used with a Mac, the Windows key functions as the Command ⌘ symbol in macOS.
Working capital
Working capital, or net working capital, is one of the liquidity ratios. It measures current assets minus the current liabilities. Assets and liabilities are shown on a company’s balance sheet.
The formula is Working Capital = Current Assets – Current Liabilities.
Jeff Mankin teaches financial literacy and Excel. He is the founder of Finally Learn.
