Terminology Index of W Terms

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List of Terminology Index – W

Wealth Tax : A tax imposed on the wealth possessed by individuals in a country. The aim of this tax is to avoid concentration of wealth in a few hands.

Welfare State : A state that by its concern with public health, insurance against sickness and unemployment and similar measures, assumes a large share of responsibility for people’s welfare.

Whip : This term used in a legislature refers to a party official nominated to enforce discipline among members of that particular party at the time of voting.

White Paper : A document published by the government giving complete information to the public and the members of the Parliament on matters of national importance.

Wide Area Network (WAN) : A network covering wide geographical area.

Will : A legal document by which a person disposes of his assets on death.

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