Startup Glossary

The Working Capital Cycle is the period it takes for a company to convert its working capital into revenue, reflecting the efficiency of its cash flow management in sustaining daily operations.

Working Capital Efficiency is a measure of how effectively a company manages its operational liquidity to support day-to-day operations and short-term obligations, optimizing resource use for financial stability.

A Working Capital Loan is a loan that is taken to finance a company`s everyday operations, providing the necessary funds to cover short-term financial needs and ensure continuous business activities.

Working Capital Management involves managing the company`s short-term assets and liabilities to ensure it has sufficient liquidity to run its operations efficiently, balancing the demands of growth and operational stability.

The Working Capital Ratio, also known as the current ratio, measures a company`s ability to pay off its current liabilities with its current assets, indicating financial health and operational liquidity.

A Working Prototype is a preliminary model of a product that demonstrates its functionality but is not yet ready for commercial production, used to test and refine concepts before final development.

Workspace Optimization is the process of designing and organizing a workspace to improve productivity and employee satisfaction, increasingly important in flexible and remote work environments for fostering effective work conditions.

Workspace-as-a-Service (WaaS) is a type of virtual desktop that provides users with access to their desktop and applications from any device, anywhere, offering flexibility and scalability for businesses.

In business, World Class refers to companies or products considered to be among the best in their sector worldwide, exemplifying high standards of quality, innovation, and performance.

The World Wide Web Consortium (W3C) is an international community that develops open standards to ensure the long-term growth of the Web, playing a critical role in web technologies utilized by startups for creating interoperable and accessible digital experiences.

Wrap-Around Services are additional services provided to customers that complement the core offerings, enhancing customer satisfaction and loyalty by addressing broader needs and preferences.

A Wraparound Mortgage is a form of secondary financing for the purchase of real property where the new mortgage is inclusive of the existing mortgage, offering a unique financing solution that can benefit both buyers and sellers in specific scenarios.

A Write-Down is an accounting action resulting in the reduction of the book value of an asset because it is overvalued compared to the market value, reflecting a more accurate valuation of the asset on financial statements.

A Write-Off is an accounting action whereby the book value of an asset is declared to be 0, often due to irrecoverability, recognizing the loss in the company`s financial records.

A Write-Up is an accounting action resulting in the increase of the book value of an asset because it is undervalued compared to the market value, adjusting the asset`s valuation to reflect its true worth.

WYSIWYG (What You See Is What You Get) Editor is a system in which content (text and graphics) can be edited in a form closely resembling its appearance when printed or displayed as a finished product, such as in a web browser, facilitating easier content creation and editing for users without extensive technical knowledge.