A GLOSSARY OF REAL ESTATE TERMS


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Word List Definitions
WCR
Wainscoting
Waive
Waiver
Walk-up
Warehousing
Warrant
Warranted value
Warranty deed
Warranty of authority
Waste
Water rights
Water softener
Water table
Waterpower rights
Wear and tear
Wild document
Will
Will-cut cruise
Without recourse
Women's Council of Realtors, WCR
Words of conveyance
Workers' Compensation
Working capital
Working drawing
Wrap-around loan
Writ of attachment
Writ of execution
You chose: Working capital

1. The readily convertible capital required by a business to allow its regular functioning and operations to be free from financial embarrassment. 2. An excess, in accounting, of current assets less the current liabilities as of a date.