Business Dictionary :

Wagon, Waive, Waiver, Walk and Want





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Wagon : noun : goods truck used on the railway


Waive : verb : to give up (a right)

• He waived his claim to the estate.

• To waive a payment = to say that payment is not necessary



Waiver : noun : giving up (a right) or removing the conditions (of a rule)

• If you want to work without a permit, you will have to apply for a waiver.



Waiver Clause = clause in a contract giving the conditions under which the rights in the contract can be given up


Walk : verb : to go on foot

• He walks to the office every morning.

• The visitors walked round the factory.



Walk Off : verb : to go on strike or to stop working and leave an office or factory

• The builders walked off the site because they said it was too dangerous.



Walk Out : verb : to go on strike or to stop working and leave an office or factory

• The whole workforce walked out in protest.



Walk-Out : noun : strike or stopping work

• Production has been held up by the walk -out of the workers.


NOTE : Plural is walk-outs.


Wall Street : noun : street in New York where the Stock Exchange is situated

• The American financial centre

• A Wall Street analyst

• She writes the Wall Street column in the newspaper.



Want : noun : thing which is needed


Want Ads = advertisements listed in a newspaper under special headings (such as property for sale or jobs wanted)

• To draw up a wants list = to make a list of things which you need






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