Terms starting with W

Working Capital Formula is a fundamental financial metric used to measure a company's operational efficiency and short-term financial health. The definition of the Working Capital Formula is straightforward: it is...

Waiver of Subrogation is a significant term in insurance contracts, impacting the rights and recovery options of insurers. The definition of 'Waiver of Subrogation' refers to an agreement within an...

Workers' Comp Calculation may refer to the process of calculating an injured employee’s workers’ compensation claim. When an employee is injured in the workplace, the employer must pay for medical...

Workplace Discrimination (or Employment Discrimination) may refer to any type of discrimination based on characteristics or traits that are protected by law. This may include race, gender, religion, national origin,...

Warranty is a legal term that may refer to a guarantee or assurance provided by a manufacturer or seller regarding the condition of a product or its fitness for a...

Worldwide Coverage is a term commonly used in the realm of Directors and Officers (D&O) insurance. It may refer to the scope of the insurance policy, which provides coverage for...

A "whistleblower" is a term that resonates profoundly within the realm of Directors and Officers (D&O) terminology. By definition, a "whistleblower" is an individual, often an insider within an organization,...

Wholesale insurance brokers work with retail insurance agents or brokers to place specialized insurance products for their mutual clients. Wholesale brokers typically have access to unique insurance markets and products...

A wrongful act, also known as a wrongful act exclusion or wrongful conduct exclusion, is commonly used in the insurance industry. It may refer to an act or omission of...