Waiting Time
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.
Synonym: → Queue Time
Waiver Clause
Clause regarding the abandonment or forsaking of a right.
War Risks
Those
risks related to two (or more) belligerents engaging in hostilities,
whether or not there has been a formal declaration of war. Such risks
are excluded by the F.C.&S. (Free of Capture and Seizure) Warranty,
but may be covered by a separate War Risk Policy, at an additional
premium.
Warehouse
Building specially designed for receipt, storage and handling of goods.
Synonyms: Shed, Store
Warehouse Keeper
Party that takes responsibility for goods entered into a warehouse.
Warehouse Receipt
Receipt issued by a warehouse listing goods received for storage.
Warehouse-to-Warehouse Clause
Clause
in the Cargo Policy that defines when cover commences and terminates.
The policy begins at the time the goods leave the warehouse of origin
named in the policy, continues during the transit period until goods
are delivered to the warehouse of destination named in the policy,
where it terminates.
Warehousing
Those activities of holding and handling goods in a warehouse (store).
Warsaw Convention
Convention
for the Unification of Certain Rules Relating to International Carriage
by Air, signed at Warsaw, October 12, 1929, or that Convention as
amended by the Hague Protocol, 1955.
→ Hague Protocol
Waste Disposal
Processing and/or removal to final resting place or transfer to a place for reuse or recovering of waste.
Waste Logistics
Collection of used, damaged, or outdated products and/or packaging from designated users.
Synonym: → Reverse Distribution
Waybill
Non-negotiable document evidencing the contract for the transport of cargo.
→ Bill of Lading
Wear and Tear
Loss or deterioration resulting from ordinary use.
Weight Charge
Charge for carriage of goods based on their weight.
Weight Ton
Ton of 1000 kilograms.
Wharf
Place for berthing vessels to facilitate loading and discharging of cargo.
Wharfage
Fee charged for the use of a wharf for mooring, loading or discharging a vessel or for storing goods.
WHO
→ World Health Organization
Wholesaler
Intermediary
between manufacturers and retailers in various activities such as
promotion, warehousing, and the arranging of transport and/or
distribution.
Wide-Body Aircraft
Aircraft with two corridors, such as a Boeing 747, 767, 777 and DC-10, MD11.
Without Prejudice
Claim
is paid on this occasion, although the underwriter feels it does not
attach to the policy. The action must not be treated as a precedent for
similar future claims.
Without Reserve
Term indicating
that a shipper’s agent or representative is empowered to make
definitive decisions and adjustments abroad without approval of the
group or individual represented.
→ Advisory capacity
World Health Organization
Abbreviation:
WHO. Global agency linked to the United Nations cooperating with other
technical agencies relating to health matters at sea and on land. |
