The Law Dictionary

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

Category: Finance

VOLENTI NON FIT INJURIA

Legal principle where one voluntarily and knowingly consents to take risks such as in dangerous sports.

VOLUNTARY REDUNDANCY

Accepting termination of employment by the employer based on terms offered to the employee.

WAITING PERIOD

Period of time between filing a statement of registration and its effective date.

WANT

1. Desire unfulfilled. 2. Detrimental lack of a life necessity. See need.

WATER POLLUTION

Water with harmful material in it and it degrades quality of water.

WEAK DOLLAR

Relating to another countries currency needing more of yours to buy theirs.

WEBCAST

Broadcast of a live event via the web.

WHARF

Area providing protection for a berthing space for sea going vessels. See jetty and quay.

WHOLE LIFE INSURANCE

Life insurance policy covering death, builds a cash value, pays fixed benefit for death, has a constant premium. Also known as continuous premium whole life insurance, ordinary life insurance, permanent or straight

WILDCARD

Symbol or character replacing characters in search commands.

WITHDRAWAL PLAN

Unit trust scheme allowing monthly withdrawals of capital gains in a fixed amount.

WORDS OF LIMITATION

Words of a deed or conveyance describing extent, duration, or quality of an estate.

WORK LETTER

Statement from landlord to tenant defang items included in the property when rented.

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This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.