Glossary - W
Waiver Clause
War Risk
Warehouse
Warehouse Keeper
Warehouse Receipt
Warehousing
Warsaw Convention
Waybill
Wear and Tear
Weatherproofness
Weight Charge
Wharf
Wharfage
W.H.O.
Wide Body
World Health Organisation
Waiver Clause
Clause in a marine insurance policy stating that no acts of the insurer or insured in recovering, saving or preserving the property insured, shall be considered a dismissal from or acceptance of abandonment.
War Risk
Perils of war or warlike operations, such as capture, seizure, arrests, restraints of kings, princesses and people, hostilities, civil war, mines, torpedo s. War risks are not covered under a policy for marine perils and must therefore be covered under a separate policy for war risks.
Warehouse
A building specially designed for receipt, storage and handling of goods.
Warehouse Keeper
Party who takes responsibility for goods entered into a warehouse.
Warehouse Receipt
Receipt for products deposited in a warehouse.
Warehousing
Storing goods in a warehouse.
Warsaw Convention
The Convention for the Unification of Certain Rules Relating to International Carriage by Air, signed at Warsaw, 12 October 1929, or that Convention as amended by the Hague Protocol, 1955, stipulating obligations or parties and limitations and/or exonerations of carriers (aircargo).
Waybill
Non-negotiable document document evidencing the contract of the transport of cargo.
Wear and Tear
Loss or detoriation resulting from ordinary use.
Weatherproofness
Ability to withstand a defined weatherproofness test.
Weight Charge
The charge for carriage of goods based on their weight (aircargo).
Wharf
A place for berthing vessels to facilitate loading and discharging of cargo.
Wharfage
The fee charged for the use of a wharf for mooring, loading or discharging a vessel or for storing goods.
W.H.O.
See World Health Organisation.
Wide Body
An aircraft with two corridors, such as a Boeing 747 and a DC-10.
World Health Organisation
Abbreviation: W.H.O.
The global agency linked with the United Nations and cooperating with other technical agencies relating to health matters at sea and on land.