Archives for "W"

Workmen’s Compensation Insurance

Insurance plans that compensate for the death or injury suffered by a worker while on the job.

Working Capital

The amount of capital/current assets that is available for use in company operations. Working Capital is calculated by subtracting current liabilities from current assets.

Winding Up

The process of ending a business. This typically involves selling the business’s assets, paying creditors, distributing the remainder to equity holders, and then dissolving the business.