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Business Term Glossary
source by: powerhomebiz.com
W wages: a form of pay given to employees in exchange for the work they have done
waiver of premium: a provision of an insurance policy that suspends payment of premiums, for example, if the insured suffers disabling injury
walk: to resign from a job
wallet technology: a software package providing digital wallets or purses on the computers of merchants and customers to facilitate payment by digital cash
Wall Street: the U.S. financial industry, or the area of New York City where much of its business is done
waste management: a sustainable process for reducing the environmental impact of the disposal of all types of materials used by businesses.
wealth: physical assets such as a house or financial assets such as stocks and shares that can yield an income for their holder
Web marketing: the process of creating, developing, and enhancing a Web site in order to increase the number of visits by potential customers
weighted average: an average of quantities that have been adjusted by the addition of a statistical value to allow for their relative importance in a data set
whistleblowing: speaking out to the media or the public on malpractice, misconduct, corruption, or mismanagement witnessed in an organization
wholesale price: a price charged to customers who buy large quantities of an item for resale in smaller quantities to others
wholesaling: businesses and individuals engaged in the activity of selling products to retailers, organizational users or other wholesalers. Selling for resale.
withholding tax: the money that an employer pays directly to the U.S. government as a payment of the income tax on the employee
word of mouse: word-of-mouth publicity on the Internet. Owing to the fast-paced and interactive nature of online markets, word of mouse can spread much faster than its offline counterpart
working capital: The excess of current assets over current liabilities. The cash needed to keep the business running from day to day.
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Small Business
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