|
Waiting Time |
|
The period of time between the moment at which one is ready
for an activity to start and the moment at which this activity
can actually begin. |
|
See also:
Queue Time |
| |
|
Waiver Clause |
|
Clause in a marine insurance policy stating that no acts of
the insurer or insured in recovering, saving or preserving the
property insured, shall be considered a dismissal from or
acceptance of abandonment. |
| |
|
War Risk |
|
Perils of war or warlike operations, such as capture, seizure,
arrests, restraints of kings, princesses and people,
hostilities, civil war, mines, torpedo's. War risks are not
covered under a policy for marine perils and must therefore be
covered under a separate policy for war risks. |
| |
|
Warehouse |
|
A
building specially designed for receipt, storage and handling
of goods. |
| |
|
Warehouse Keeper |
|
Party who takes responsibility for goods entered into a
warehouse. |
| |
|
Warehouse Receipt |
|
Receipt for products deposited in a warehouse. |
| |
|
Warehousing |
|
Those activities of holding and handling goods in a warehouse
(store). |
| |
|
Warsaw Convention |
|
The Convention for the Unification of Certain Rules Relating
to International Carriage by Air, signed at Warsaw, 12 October
1929, or that Convention as amended by the Hague Protocol,
1955, stipulating obligations or parties and limitations
and/or exonerations of carriers (air cargo). |
| |
|
Waste Disposal |
|
Processing and or removal to final resting place or transfer
to a place for re-use or recovering of waste. |
| |
|
Waste Logistics |
|
The collection of used, damaged, or outdated products and or
packaging from designated users. |
| |
|
Waybill |
|
Non-negotiable document evidencing the contract for the
transport of cargo. |
| |
|
Wear and Tear |
|
Loss or deterioration resulting from ordinary use. |
| |
|
Weight Charge |
|
The charge for carriage of goods based on their weight (air
cargo). |
| |
|
Weight Ton |
|
A
ton of 1000 kilos. |
| |
|
Wharf |
|
A
place for berthing vessels to facilitate loading and
discharging of cargo. |
| |
|
Wharfage |
|
The fee charged for the use of a wharf for mooring, loading or
discharging a vessel or for storing goods. |
| |
|
Wholesaler |
|
An
intermediary between manufacturers and retailers in various
activities such as promotion, warehousing, and the arranging
of transport and or distribution. |
| |
|
Work Load |
|
The quantity of work ahead assigned to a certain facility such
as a work station, capacity group or a department respectively
staff-member. |
| |
|
World Health Organization |
|
Abbreviation: WHO |
|
The global agency linked with the United Nations and
co-operating with other technical agencies relating to health
matters at sea and on land. |
| |
|
World
Meteorological Organisation |
|
Abbreviation: WMO |
|
The United Nations agency dealing with meteorological issues. |
| |
