World Trade Organisation

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WTO. An international organisation, established in 1995, with more than 150 member nations, based in Geneva, Switzerland. The WTO monitors international trade, helping importers and exporters conduct their business, and provides assistance to developing countries.

World Wide Web

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WWW. Also known as The Web, a computer network system in which documents are inter-linked using hypertext computer code, and allows information to be accessed using the Internet.

Wow Factor

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The instant appeal of a product, property, etc., which impresses and surprises people the first time they see it.

Wrap

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The end of a film shoot when everything is finished, the set can be taken down and everyone can go.

Writ

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A written order issued by a court of law which orders someone to do, or not do, something.

Write-Off

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In accounting, to reduce the book value of an asset, sometimes to zero, or cancel a debt which has not been, or is unlikely to be, paid.