Category: W

Policy premiums paid on insurance written over a period of time.

A 2 to 4 floor building that has no elevator.

Implied covenants by the endorser of negotiable instruments distinct from an undertaking to pay in case of a default.

Disturbance passing through medium.

Way of quoting rates for freight. (1) Sea freight; per metric ton or cubic meter whichever is greater,(2) Air; per kilogram or 1 cubic foot whichever is greater.

Material lowering a fluids surface tension so it can clean or get into another substance.

Indexing program used in early internet search engines.

Intentional failure to perform duties because of negligence.

Buying shares where the purchaser can expect a dividend. See with rights.

Step in network modeling where the job is divided in to manageable work tasks or elements. See activity decomposition chart.

Two or more people acting like a team to achieve a common goal, may not work in same department.

UN agency of 1967 to administer the 1883 Paris convention and 1886 Berne convention for promoting intellectual property and protecting rights associated with.

Industrial where employees leave work site an will not return.

Policy providing assurance that the company’s warranty will stay the same.

Microsoft Corporation’s format for digital sound storage.

Cargo weight where a standard rate of freight begins to decline. Also known as weight break.

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

Network of voice and data communication extending further than LAN limits.

Indicator used to track accumulation or buying pressure along with distribution and selling pressure of a security.

Legal term. Seller has the responsibility to reimburse the buyer an agreed upon part of the overall loss from the non-performing asset.