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

WASTE TREATMENT

Treating waste to remove pollutants and eliminate potential harm to people and the environment.

WATT (W)

Metric unit of power equal to 1/746 of horsepower or one joule per second.

WAREHOUSE RETAILING

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

WALK

Hotel industry. Taking an arriving guest to another hotel as reserved accommodation is unavailable for a reason.

WALK IN

Term for a hotel guest arriving without a reservation.

WALKTHROUGH

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

WAR CLAUSE

Releases the insurer from loss liabilities due to an act of war.

WARM SITE

Disaster management term for an alternate business recovery site only partially equipped for business.

WATERFALL PAYMENT

Loan repayment established by a debtor organization organizing payment sin levels of size and loan expense.

WASTEWATER

Used or spent water contain dissolved solids, discharge from homes, industries etc.

WAVE

Disturbance passing through medium.

WASH SALE RULE

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

WAITING TIME

Period in a job where an employee is unable to work because of factors he has no control over.. Also known as allowed time, idle time, downtime.

WALLET

Apparel used to organize cash, credit cards and other small items important for daily use.

WATERSHED

Area above a water body that collects and adds to body of water.

WANTON MISCONDUCT

Reckless disregard for others safety and rights and knowing harm or injury may result.

WAR RISK

Possibility of loss, damage to anything from any remains of war like hostilities.

WATT HOUR

Metric energy unit equal to 3.41Btu, 3600 joules.

WATCH LIST

List of all securities a broker may consider to be the target of irregular trading activities.

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