Insurance coverage for loss of goods resulting from any act of war.
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Warehouse

A place for the reception, delivery, consolidation, distribution, and storage of goods/cargo.
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Warehousing

The storing of goods/cargo.
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Waybill (WB)

A document prepared by a transportation line at the point of a shipment; shows the point of the origin, destination, route, consignor, consignee, description of shipment and amount charged for the transportation service. It is forwarded with the shipment or sent by mail to the agent at the transfer point or waybill destination.

Abbreviation is WB. Unlike a bill of lading, a waybill is NOT a document of title.
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Weight Cargo

A cargo on which the transportation charge is assessed on the basis of weight.
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Weights and Measures

Measurement ton
one cubic meter.

Net ton, or short ton
2,000 lbs.

Gross ton/long ton
2,240 lbs.

Metric ton/kilo ton
1000kgs

Cubic meter
35.314 cubic ft.
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Wharfage (Whfge.)

Charge assessed by a pier or dock owner against freight handled over the pier or dock or against a steamship company using the pier or dock.
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Without Recourse

A phrase preceding the signature of a drawer or endorser of a negotiable instrument; signifies that the instrument is passed onto subsequent holders without any liability to the endorser in the event of nonpayment or nondelivery.
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W.M. (W/M)

Abbreviation for "Weight or Measurement;" the basis for assessing freight charges. Also known as "worm." The rate charged under W/M will be whichever produces the highest revenue between the weight of the shipment and the measure of the shipment.
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WPA

Abbreviation for "With Particular Average."
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