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

WORKFLOW

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

WORKFORCE

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

WORKFORCE MANAGEMENT

Managing the work force so they know what work is to be done. Also known as employee relationship management.

WORKGROUP

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

WORKING

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

WORKING DAY

1. Commerce. A day that is not a legal holiday or a Sunday. 2. Law. A day other than Sunday and a gazette, statutory holiday.

WORKING FILE

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

WORKING STOCK

Part of inventory available for normal demand in a given period.

WORKLOAD

Amount of work assigned to a resource over a period of time.

WORKOUT

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

WORKSHEET

Informal sheet where the accountant can record information to adjust balances and substantiate opinion with regard to transactions and balances.

WORKSHOP

1. Shop floor where physical work is carried out. 2. Seminar opt training class given to solve tasks related to work to gain hands-on experience.

WORLD BANK

Popular name for International Bank for Reconstruction and Development. See World Bank System.

WORLD CLASS

The best quality goods, services and processes as ranked by experts and customers.

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.