UK Business Jargon - Letter W

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

Wi-Fi

Wireless fidelity is a wireless, high frequency, local area network (LAN) that operates over a short distance. This allows devices to connect to each other using radio wave technology rather than conventional cabling or fibre optics.

Winding-up

A term used to describe the disbanding of a company. This can be voluntary but mainly happens when the disbanding company is insolvent.

Workforce

A workforce is the number and range of people available for work in an area.

Working Capital

The assets a company needs to run the business on a daily basis funding the gap between trade credit and what is required to buy raw materials/production costs.

Working Tax Credit

Financial support provided for employees on a low income paid directly to claimants by HM Revenue & Customes since 1 April 2006.

WYSIWYG

What You See Is What You Get is a term commonly associated with web editing packages like Dreamweaver and Microsoft Web Expressions.

 

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