08.08.2013 06:04 |
Written plea of guilty
1) Offender summoned to appear in Court to answer for alleged offence may instead write pleading guilty (but possibly stating mitigating circumstances) and asking the Court to deal with the case in his or her absence.
Метки (тэги, tags): guilty | plea | written | written plea |
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08.08.2013 06:02 |
Writing down allowance
1) Term used in depreciation calculations to indicate the amount to be 'written down' for this year (ie the amount by which the value of the asset is to be depreciated for one year's life).
Метки (тэги, tags): allowance | down | writing | writing down |
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08.08.2013 06:00 |
Works truck/trailer
1) Legally defined as truck/trailer designed to be used in private premises and used on road only for delivering goods between or to or from premises or vehicles in the immediate neighbourhood. Special rate of VED applies.
Метки (тэги, tags): trailer | truck | works |
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06.08.2013 18:39 |
Working capital
1) Funds needed by a business to meet its day-to-day expenditure (ie operating expenses).
Метки (тэги, tags): capital | working | working capital |
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06.08.2013 18:38 |
Work in progress (WiP)
1) The total amount of work in process, between production stages or subject to a waiting time. (Source: ILTSupply-Chain Inventory Management SIG)
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06.08.2013 18:36 |
WMS
1) Warehouse Management System. Computer software.
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06.08.2013 18:34 |
WiP
1) Work in progress. An expression used to describe work processes prior to their completion.
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06.08.2013 18:32 |
Wide tyre
1) Vehicle (ie lorry/trailer) tyre which has area of contact with the road of at least 300 mm wide measured at right angle to length of vehicle.
Метки (тэги, tags): tyre | wide | wide tyre |
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08.08.2013 06:03 |
Written off/down
1) Accounting term referring to an asset which has been fully depreciated in the books of account.
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08.08.2013 06:01 |
Write-off
1) When a vehicle is damaged beyond repair in an accident and constitutes an insurance claim on this basis. See also Total loss.
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08.08.2013 05:59 |
Working stock
1) The stock of materials, components and subassemblies (excluding safety stock) held in advance of demand so that ordering can be done on a lot size rather than on an as-needed basis.
Метки (тэги, tags): stock | working | working stock |
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06.08.2013 18:38 |
Work-in-progress stock
1) The stock of products and/or materials and components which are still in the production department and are not, or are no longer, included in the stock in the store. (Source: ILT Supply-Chain Inventory Management SIG)
Метки (тэги, tags): progress | stock | work |
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06.08.2013 18:37 |
Woolf Reforms
1) Also known as Civil Procedure Rules. A procedure introduced in 1999 for speeding-up civil claims through courts, particularly the pre-trial procedure, and reducing the cost of litigation.
Метки (тэги, tags): reforms | woolf | woolf reforms |
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06.08.2013 18:35 |
Wipe the slate clean
1) Term used in connection with the driving licence penalty points scheme whereby once 12 points have been accumulated within a three-year period a mandatory disqualification has been imposed; the driver's 'slate' in this respect will be wiped clean for a fresh start.
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06.08.2013 18:33 |
Wide-angle mirror
1) Mirror on goods vehicles designed to give the driver wide angle vision along the side of his vehicle, usually combined with close-proximity mirror to show side of the vehicle near to ground at front.
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Whole life cost (costing) |
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06.08.2013 18:31 |
Whole life cost/costing
1) System for counting the cost of buying and operating a goods vehicle or plant over its whole life (including its value at final disposal) when making purchasing decisions, rather than just comparing initial prices of one vehicle against another. See also Tero-technology.
Метки (тэги, tags): cost | costing | life | whole |
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