CORPORATE AND INSTITUTIONAL GLOSSARY

Warehouse Receipt

Warehousing

Warehousing

WebACHieve

Wharfage

Window Forwards

With Particular Average (W.P.A.)

With Recourse

Without Recourse

A phrase used on an instrument or endorsement to indicate that the drawer or endorser is not liable to subsequent holders or the institution has financed the instrument, if the instrument is not honored when due.