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Currently displaying definitions for words starting with - W
- Walk-Up
- A residential block of units with no lift generally limited to three stories.
- Warranty
- A warranty is a term, which is not vital to the contract but is of lesser importance, being subsidiary to or collateral with the main purposes of a contract. It should be contrasted with condition, which is a term of a contract absolutely essential thereto and a breach of which gives rise to a right to treat the contract as discharged.
- Wear and Tear
- The depreciation of an asset due to ordinary usage.
- Writ of Execution
- The term ?Execution? is applied to the various modes provided by the practice and procedure of courts for issuing ut of the court, where the judgement was entered, and orders for the enforcement of judgement. The Writ of Execution is the document authorising seizure and/or sale of property, or the apprehension of a person.
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