Definition, Meaning & Synonyms
hwm
abbreviation
ˌeɪtʃˌdʌbljuːˈɛm
Definition
HWM stands for ‘High Water Mark’. It refers to the maximum level reached by a body of water, especially after a flood or heavy rain.
Examples
- The city recorded the HWM of the river as 15 feet during the storm.
- In the hedge fund industry, exceeding the HWM is crucial for managers to get paid.
Meaning
In financial contexts, it can denote the peak value of an investment or account balance that must be surpassed before a manager earns performance fees.
Synonyms
- Maximum level
- Peak
- Water level
