The Law Dictionary

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

Category: Finance

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.

WEBMASTER

Person who creates, manages and maintains web sites and servers.

WEIGHTING

Technique where some data is more emphasized than other in a summary or group.

WHERE IS AS IS

Sale offer quote for large equipment opt large lots that the buyer will need to transport.

WHOLESALE BANKING

1. Banking services offered to government agencies, pension funds and corporations with sound income statements and strong balance sheets only. 2. Lending and borrowing between banks.

WORDS OF PROCREATION

Words in deeds or conveyances creating a limitation of who the estate can be handed down to.

WORK MADE FOR HIRE

Piece of intellectual property where the person it was made for is considered the owner and not the originator.

WORK TIME

Paid time starting when temp workers are used a t site and stops when they have finished.

WORKFLOW

Steps comprising a work process where 2 or more people add or create value to activities of an organization.

WORKING CLASS

Socioeconomic class where members are paid wages and thought to be a lower middle class.

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