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

WRITE

Term for the action of accepting an insurance application and insuring a risk.

WORKFORCE

1. Total of all people looking for work, working in Armed Forces and other jobs. 2. Number an employer has on the payroll.

YARD LUMBER

Run of mill lumber in various finishes, widths and lengths.

ZZZZ BEST

Company created by Barry Minnow in the 1980’s that appeared to be successful but most of the profits were from crime , fraud or fabricated. Went public in 1986, bankrupt in 1987.

ZIP CODE

Code established by US Postal service to indicate each location. Has since been made 9 digits allowing more accurate identification of a location. Stands for Zoning Improvement Plan.

WORKFLOW

Steps comprising a work process where 2 or more people add or create value to activities of an organization.

WRITTEN DATA

Data that is given in writing, if not it is not considered for a bid, quote or proposal.

WORKING FILE

Temporary file of data, drafts, notes etc. Used in analyzing and preparing plans, documents and projects.

WYSIWYG

“What you see is what you get”. Display showing what a document will look when it has been printed.

WORKOUT

Strategy where a borrower negotiates with the lender to restructure a debt.

ZERO DEFECTS

Level of prevention of defects where output is within limits.

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