Category: W

Capital allowance where costs of acquired assets in the present year as added to a written down value of assets from the previous year.

Step-by-step test of all aspects of a plan, process, environment to verify readiness for operation.

Agreement of international civil aviation establishing the frame work for carrying cargo, luggage and passengers. Now overseen by International Civil Aviation Organization, ICAO.

Distance between successive and similar wave or trough points

3 types of tons are used in shipping. 1. Long ton-2240 ponds, 2. Short ton-2000 pounds and 3. Metric ton-2204.68 pounds or 1000 kg.

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

Technical name of toll-free incoming and outgoing phone lines in USA.

Should focus on high yield activities and not waste time focusing on lower yield ones.

Marine insurance. Where insured cargo is covered for partial damage from sea water or loss from breakages, theft etc.

Completed portions of work or work packages.

1. Actively engaged in inactivity in exchange for money. 2. Temporary status noting something is in transition. 3. State of being.

The collected group of internet resources, audio, video, hyperlinked text that is accessed by remote browsers that are based on standards like HTTP, TCP/IP.

Covering a room’s floor or stretching across the room.

Referring to an IRS regulation governing how capital loss from investments is recognized. Also called wash rule.

Shipping document travelling with shipment showing consigner and consignee, origin, destination, goods involved, weight and freight.

Mean where each item averaged is multiplied by a number based on its importance relative to others. Also known as weighted mean.

Clause that stipulates cover is suspended while things are occurring on the property.

Company’s advantage over its competition able to be exploited for profit over time.

Greatest sum a person is prepared to pay for a service or product.

Law phrase. (1) a dismissed case cannot be tried again, (2) court order is final. See without prejudice.