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Business Dictionary :
Wagon, Waive, Waiver, Walk and Want
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
