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

WORK LETTER

Statement from landlord to tenant defang items included in the property when rented.

WITHDRAWAL PLAN

Unit trust scheme allowing monthly withdrawals of capital gains in a fixed amount.

WALLED GARDEN

Environment attractively designed aimed at keeping a captive comfortable and satisfied.

WITH RIGHTS

Buying shares where the purchaser has the right o buy more shares in the next share issue.

WORK REQUEST

Authorization for mow work through client/customer negotiations.

WITHOUT RESERVE

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

WILDCAT STRIKE

Unannounced or illegal industrial action where employees have not followed procedure.

WHISPER NUMBER

Unpublished opinion in the investment community about a firm’s possible forthcoming earnings.

WILSHIRE 5000

Index that represents every listed company in the US and is the largest measure of stock market performance.

WITHOUT PREJUDICE

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

WITH DIVIDEND

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

WAVE LENGTH

Distance between successive and similar wave or trough points

WORKAID

Any device that can assist a worker to learn a task and to perform it better and more efficiently.

WORKERS’ COMPENSATION

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

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