wex definitions

work for hire

A work for hire, or work made for hire, refers to works whose ownership belongs to a third party rather than the creator. Under general copyright principals, a copyright becomes the property of the author who created the work. However, work...

work made for hire

A work made for hire, or work for hire, refers to works whose ownership belongs to a third party rather than the creator. For example, the employer is the author of the work completed and not the employee or actual creator of the work. When a...

work permit

The I-765 employment authorization document (EAD), commonly referred to as the work permit, is a document issued by the United States Citizenship and Immigration Services (USCIS) that provides temporary work authorization to noncitizens in...

work product

Work product is material prepared in anticipation of litigation. Generally, work product is privileged, meaning it is exempt from discovery. However, there are exceptions. Work product is divided into two categories: ordinary and opinion....

Worker Adjustment and Retraining Notification Act (WARN Act)

The Worker Adjustment and Retraining Notification (WARN) Act, enacted in 1988, is a U.S. federal law that requires certain employers to provide advance notice of plant closing and mass layoffs. Specifically, employers with 100 or more...

Worker Adjustment and Retraining Notification Act (WARN)

The Worker Adjustment and Retraining Notification (WARN) Act, enacted in 1988, is a U.S. federal law that requires certain employers to provide advance notice of plant closing and mass layoffs. Specifically, employers with 100 or more...

workers' compensation

See workers compensation.

[Last updated in July of 2024 by the Wex Definitions Team]

workers' compensation acts

See workers compensation.

[Last updated in July of 2024 by the Wex Definitions Team]

workmen's compensation

See workers compensation.

[Last updated in July of 2024 by the Wex Definitions Team]

workout

A workout is an arrangement negotiated between a debtor and creditor to manage and resolve a debt, either by paying it off or through loan forgiveness. It is a mutual agreement entered into by a borrower and a lender to reschedule the terms...

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