Category: W

Application that can only be used while on the internet. Also known as a web application.

Leasing agreement where multiple services to the lessee of the property.

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

High probability of profit as well as of loss.

An observation that the bidder winning an item often overvalues the item bid on.

Law phrase. Without abandonment of claim, right, privilege and without implied admission of liability.

Financial support provided to an injured worker covering income, medical costs, rehabilitation or death from a work injury.

Verbal and physical fore in the work environment.

Type of iron with approximately 3% slag giving it a certain grain and look. Resistant to rust, suitable for forging and rolling than casting.

Pay rate based on units produced or time of working.

Mass detailing of goods by a store offering little customer service but low prices.

Employee looking after an insured premises.

Describes all of the tasks needed to create an HTML driven web page to be displayed on the WWW.

Mortgage arrangement where settlement occurs simultaneously with document signing.

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.

Action of drilling for oil in territory not yet explored.

Measurement to estimate the mean with a lower dependence on outlying values.

Situation where an agent can make decisions without seeking the principal’s approval.

Policy covering worker’s costs of compensation.

Informal sheet where the accountant can record information to adjust balances and substantiate opinion with regard to transactions and balances.