Business Glossary - W


Wage Reporting - form copies that must be furnished to each employee to whom wages are paid during the year. Form W-2.

Word Processing - Is the efficient and effective production of written communications at the lowest possible cost through the combined use of systems management procedures, automated technology, and accomplished personnel. The equipment used in word processing applications

Workers’ Compensation - A state-mandated form of insurance covering workers injured in job- related accidents. In some states the state is the insurer; in other states insurance must be acquired from commercial insurance firms. Insurance rates are based on a number of factors in

Working Capital - money available to a firm for daily operations.