A wave spring, comprising: a spring having only a single turn about a central axis, the single turn being formed from a length of flat wire that is wound in a circle on a predetermined radius for an arc length of less than 360 degrees, the flat wire length having a rectangular cross-sectional configuration for its entire arc length, said flat wire length further terminating in two free ends which are separated from each other by an intervening gap, said flat wire length further having a plurality of waves formed therein, each of the waves having opposing crest and trough portions defining respective first and second working surfaces on opposite surfaces of said wave spring for respectively contacting first and second working elements when said wave spring is used in a spring application, the first working surfaces being associated with said wave crests and said second working surfaces being associated with said wave troughs, said wave spring having a free height which is equal to the distance between said crests and troughs in the absence of loading of said wave spring, said intervening gap being of a length sufficiently large to permit said flat wire length free ends to move toward each other without touching each other when said wave spring is compressed from its undeflected free height to a lesser height in response to loading by either of said first and second working elements, characterized in that each of the two free ends having flattened portions, the flattened portions being perpendicular to the central axis, said flat wire free ends being at the ends of flattened portions of the wave spring, the flattened portions configured to abut the first or second working elements. a spring having only a single turn about a central axis, the single turn being formed from a length of flat wire that is wound in a circle on a predetermined radius for an arc length of less than 360 degrees, the flat wire length having a rectangular cross-sectional configuration for its entire arc length, said flat wire length further terminating in two free ends which are separated from each other by an intervening gap, said flat wire length further having a plurality of waves formed therein, each of the waves having opposing crest and trough portions defining respective first and second working surfaces on opposite surfaces of said wave spring for respectively contacting first and second working elements when said wave spring is used in a spring application, the first working surfaces being associated with said wave crests and said second working surfaces being associated with said wave troughs, said wave spring having a free height which is equal to the distance between said crests and troughs in the absence of loading of said wave spring, said intervening gap being of a length sufficiently large to permit said flat wire length free ends to move toward each other without touching each other when said wave spring is compressed from its undeflected free height to a lesser height in response to loading by either of said first and second working elements, characterized in that each of the two free ends having flattened portions, the flattened portions being perpendicular to the central axis, said flat wire free ends being at the ends of flattened portions of the wave spring, the flattened portions configured to abut the first or second working elements.