Business terms and jargon explained. Your business dictionary

What is WIP

Is an abbreviation for "Work in progress". This means that the items, products or work is not finished.

In the manufacturing industry at the end of the year there will be stock that is not raw materials or finished goods but is part processed. This is referred to as WIP.

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

Search Term   

Externality TOMS Customer information order Identity Theft
Leverage Cash Flow Forecast Allotment VRN
Patch LINK Yankee market Yearling
Backpay Business Week Sale and Leaseback JCCC
Autoregressive Verbatim Bank Transfer Emolument
Internal Control Margin Scheme Package Ad Idem Jitney
Nisi Deferment Trader Internet Protocol Security - IPsec Woody
Mitigating Franchise Accountancy Credit Scoring
Relative Cost Ofcom Zillionaire Variable Rate Loan
Takeover Peel the onion Indicia Dongle

Term created / updated 2006-10-03 14:48:49

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2018 Scopulus Limited. All rights reserved.