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WWW
08.08.2013 08:08

WWW

1) World Wide Web. The link to sources of information via the Internet.


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WTR
08.08.2013 08:06

WTR

1) Working Time Regulations 1998 as amended 1999. Imposes limitations on weekly working and minimum break and holiday requirements, etc.


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Written plea of guilty
08.08.2013 08:04

Written plea of guilty

1) Offender summoned to appear in Court to answer for alleged offence may instead write pleading guilty (but possibly stating mitigating circumstances) and asking the Court to deal with the case in his or her absence.


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Writing down allowance
08.08.2013 08:02

Writing down allowance

1) Term used in depreciation calculations to indicate the amount to be 'written down' for this year (ie the amount by which the value of the asset is to be depreciated for one year's life).


 
Works truck (trailer)
08.08.2013 08:00

Works truck/trailer

1) Legally defined as truck/trailer designed to be used in private premises and used on road only for delivering goods between or to or from premises or vehicles in the immediate neighbourhood. Special rate of VED applies.


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Working capital
06.08.2013 20:39

Working capital

1) Funds needed by a business to meet its day-to-day expenditure (ie operating expenses).


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WWDSHEX
08.08.2013 08:07

WWDSHEX

1) A charter shipping term meaning 'Weather working days Sundays and holidays excepted'.


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WTO
08.08.2013 08:05

WTO

1) World Trade Organization. Established in 1995 to ensure a new era of global economic cooperation and a more open multilateral trading system.


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Written off (down)
08.08.2013 08:03

Written off/down

1) Accounting term referring to an asset which has been fully depreciated in the books of account.


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Write-off
08.08.2013 08:01

Write-off

1) When a vehicle is damaged beyond repair in an accident and constitutes an insurance claim on this basis. See also Total loss.


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Working stock
08.08.2013 07:59

Working stock

1) The stock of materials, components and subassemblies (excluding safety stock) held in advance of demand so that ordering can be done on a lot size rather than on an as-needed basis.


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Work-in-progress stock
06.08.2013 20:38

Work-in-progress stock

1) The stock of products and/or materials and components which are still in the production department and are not, or are no longer, included in the stock in the store. (Source: ILT Supply-Chain Inventory Management SIG)


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