OPEN WILL
will that has been spoken orally and is a nuncupative will.
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JOINT WILL
a will that contains the wills of 2 or more people and the disposing of jointly owned property.
WILLFUL AND MALICIOUS INJURY
the name that is given to the injury to property that is carried out with intent and a disregard to duty.
WILL COST
Price of contracts based on doing a job in a set period of time. Based on historical data that may have been an inefficient use of time so analysis is needed.
WILLFUL DEFAULT
Intentional failure by contract parties to do what has been ordered to be done.
WILLFUL MISCONDUCT
Intention disregard to safety of others.
WILLFUL NEGLECT
Intentional failure to perform duties because of negligence.
WILLFULNESS
Intentional but not necessary malicious law violation or dereliction of duty.
WILLIAMS ACCUMULATION DISTRIBUTION (WAD)
Indicator used to track accumulation or buying pressure along with distribution and selling pressure of a security.
WILLIE SUTTON RULE
Should focus on high yield activities and not waste time focusing on lower yield ones.
WILLINGNESS TO PAY
Greatest sum a person is prepared to pay for a service or product.
TENANCY AT WILL
Lease with no expiry date but can be terminated by tenant or landlord when receiving a statutory or a prescribed note.
READY, WILLING, AND ABLE
Ready, willing, and able defines persons who are legally and financially able to complete any type of transaction. Authorization and approval are not necessary from any other persons or parties.
PROBATING A WILL
The submission of a will to a probate court that will rate it and approve the distribution of the assets to the concerned entities.
POUR OVER WILL
A special situation under which trust is created between two or more partices, and it also includes the transfer of the assets of a will maker in to an already created trust.
NONCUPATIVE WILL
A will stated by a person on his death bed in the accompaniment of witnesses.
ORAL WILL
A will communicated verbally to witnesses, rather than in writing, usually when the person is near death. Few states accept oral wills, due to the possibility of fraud, and they are generally
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