Glossary

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There are currently 4 names in this directory beginning with the letter W.
WAULT
WAULT - Weighted average unexpired lease term

Wayleave
Wayleave - A right of way granted by a landowner to lay cables, pipes or conduits in exchange for a financial payment.  

Wimpey No-Fines House
Wimpey No-Fines House - Post war buildings intended for mass social housing built by George Wimpey. In the past these buildings, whilst structurally sound, were considered of lower quality construction by modern standards.

Winding up order
Winding up order - also referred to as a compulsory liquidation is a legal process where a creditor petitions to the court - and if granted,  appoint an official receiver or insolvency practitioner realise the value of assets to pay creditor in order of priority.