Warrant

Posted on

A certificate which entitles the holder to buy a specific number of shares at a fixed price within a specified period of time. A legal document issued by a court of law authorising the police to make an arrest, search premises, etc.

Watch List

Posted on

A list of investments being monitored because they are showing signs of unusual activity, often because the companies who own the shares may be takeover targets.

Watchdog

Posted on

A person or organisation that monitors the practices of companies to ensure they are nor acting illegally.

Wayzgoose

Posted on

A traditional August outing or party for printers, typically around St Bartholomwe’s Day, 24th August, marking the end of summer, when work by candlelight began each year. The term persisted in the print industry in more general use referring to a company party, although its use is now rare since large-scale automation and workforce reduction.

Weighbridge

Posted on

Known as a Weigh Station in the US. A vehicle weighing system which consists of a metal plate set into a road which vehicles, usually trucks with loads, are driven onto to be weighed to check if they are overladen.

Weighting

Posted on

An allowance paid to workers who live in certain areas of the country, such as London, to compensate for higher living costs.

Wet Lease

Posted on

An arrangement in which an airline leases an aircraft, complete with crew, insurance, etc., to another company, usually for a short period of time.