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

Waiting Period (Claim Filing Waiting Period)
The period, usually starting from the due date of payment or intervention order, after the expiry of which a claim may be submitted and the loss is assessed.

Whole Turnover Policy
A Credit Insurance policy that covers the insured’s total credit sales (as opposed to Key buyer cover and Single risk cover).

Winding-up Petition
An order presented to a court seeking that a company be put into compulsory liquidation.

Work In Progress (Pre-Despatch)
Labour and raw material costs incurred in manufacturing the goods (including specific materials stored ready for the manufacturing process). Both finished and unfinished goods can apply.

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