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.
Wikis = a collaborative environment that is built around input from community users.
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 mouth – 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. For more information, read the articles:
- Effective Word of Mouth Strategies for Your Business
- How to Build Word of Mouth for Your Business
- How to Create the Buzz for Your Business
- Secrets of Word of Mouth Marketing
Working capital – The excess of current assets over current liabilities. The cash needed to keep the business running from day to day. For more information, read the articles:
- Working Capital is Paramount to Businesses Livelihood
- How to Improve Working Capital
- Increase Your Business Growth and Cash Flow Through Equipment Leasing
- Understanding the Kinds of Capital for Your Business