Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: Finance

VULTURE CAPITALIST

Derogatory term for an investor whose hidden agenda is to cease control of the firm invested in. See angel investor.

WALT DISNEY

The creator and the animator of the first animated films.

WASTE TREATMENT

Treating waste to remove pollutants and eliminate potential harm to people and the environment.

WEAROUT

Process of attrition causing an increased rate of failure with its age, use and consumption.

WHITELIST

List of approved bodies allowed to use or have access to a specific entity.

WI-FI

Wireless fidelity. Name for wireless LANs.

WIN WIN

Philosophy of negotiation where all parties stand to realize their share of all profits.

WORKAID

Any device that can assist a worker to learn a task and to perform it better and more efficiently.

WORKLOAD

Amount of work assigned to a resource over a period of time.

WRAP ACCOUNT

Investment brokerage account offering one fee for all services for investments larger than a set amount, usually $25,000.

ZERO COUPON CONVERTIBLE

Zero coupon bond that can be converted to common stock at a set price or if government issued into a bond bearing interest.

UNECONOMIC GROWTH

Condition where direct benefit of growth is outweighed by the negative consequences of that growth.

UNFORESEEN CONDITION

An unexpected or unanticipated event or situation affecting final price or time of completion of a project.

UNIFORM PROVISIONS

Provisions recommended by National Association of Insurance Commissioners and mandated under law nearly everywhere.

UNION STEWARD

Employee that is elected by co-workers as the representative of the union.

UNIT PRICE CONTRACT

Construction contract where the client pays a set sum for each unit of work when it is completed.

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