2/20/2018

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Business Definitions

Business Definitions
Definitions A
Definitions B
Definitions C
Definitions D
Definitions E
Definitions F
Definitions G
Definitions H
Definitions I
Definitions J,K
Definitions L
Definitions M
Definitions N
Definitions O
Definitions P,Q
Definitions R
Definitions S
Definitions T
Definitions U,V
Definitions W,X
Definitions Y,Z

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Business Terms and Definitions (W and X)

W-2 Form: A form issued by employers to the employees, and to the Internal Revenue Service, stating total earnings and the amount of taxes withheld, contributions to retirement funds, unemployment insurance, health insurance, and any other applicable withholdings.

Wage: The price paid for labor. The compensation individuals receive for time and effort spent in the production of goods and services.

Wall Street: Wall Street is located in New York City and is used in general terms as the financial district where many of the largest and most prestigious investment and securities firms in the world are located. The New York and the American Stock Exchanges are located on Wall Street.

Warrant: In business, a warrant is an order instructing a particular act be carried out. In the stock market, a warrant is a right to buy stock at a specified price within a set period of time, sometimes issued as a part of a securities offering.

Wealth: An accumulation of money, property, and other assets that has economic utility or personal worth.

Will: An instrument set up to spell out what is to done with a person's possessions after death. A will can be altered or revoked by the party at any time prior to death and has no force as long as the person executing the will is still alive. A Will is a person's choice and intent.

Withholdings: The deductions taken from an employee's wages by an employer to cover federal and state taxes.

Work: An act that leads to the return of something of value, wages, commissions, tips, or other income.

Working Capital: The sum of capital assets over liabilities used to fund the operation of a business, used as a measure of liquidity.

Workmans' Compensation: Compensation paid to an employee who is injured on the job or becomes ill due to environmental issues at the place of employment.

Workmans' Compensation Insurance: A government backed insurance that covers employees in case of work related injuries or illnesses. Most employers are required to provide employees with workermans' compensation insurance to pay for medical expenses, and a portion of the employees' salary, if the employee becomes injured on the job or becomes sick due to work related causes.

Worth: The value of an item as expressed in monetary or personal terms. The quality that causes something to be desired.

"X" or "Mark": Used by individuals who cannot write and/or spell their names, or have physical impediments that prevents them from being able to write. In some jurisdictions, an "X" or a "mark" may not be used as a valid form of signature.

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