See workers compensation.
[Last updated in July of 2024 by the Wex Definitions Team]
LIFE EVENTS
workers' compensation acts
See workers compensation.
[Last updated in July of 2024 by the Wex Definitions Team]
workmen's compensation
See workers compensation.
[Last updated in July of 2024 by the Wex Definitions Team]
workout
A workout is an arrangement negotiated between a debtor and creditor to manage and resolve a debt, either by paying it off or through loan forgiveness. It is a mutual agreement entered into by a borrower and a lender to reschedule the terms...
workplace safety
Workplace Safety: An Overview
Workplace safety involves regulations designed to protect working conditions and eliminate personal injuries and illnesses from occurring in the workplace. Workplace safety regulations/laws consist primarily of...
write-off
A write-off is an accounting action that removes an asset from the books, typically as a loss or expense, when it is deemed uncollectible or obsolete. This action reduces the value of the asset while simultaneously debiting a liabilities...
wrongful constructive discharge
Wrongful constructive discharge is a form of wrongful termination where, instead of directly firing the employee, the employer creates working conditions so intolerable that the employee is effectively forced to resign. This resignation is...
wrongful death
Wrongful death is a civil cause of action brought by family members and dependents against individuals who knowingly or negligently cause the death of another person. This type of claim allows the surviving family members or beneficiaries to...
wrongful death action
A wrongful death action is a civil lawsuit brought by the family members or dependents of a deceased person against an individual or entity who can be held liable for the death due to their negligent, reckless, or intentional actions. This...
wrongful death statute
A wrongful death statute is a law enacted by a state or federal legislature that establishes the legal framework for bringing a civil lawsuit against individuals or entities responsible for causing someone’s death through negligent, reckless...