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.

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Pula	Convertible Mark	Artificial Intelligence	Quality circles
Lat	Credit Sale	World Intellectual Property Office	WYSIWYG
Cost Center	Simple Interest	Self Assessment	Nakfa
Adjournment	Over the Counter	Consumption Goods	SMTP
Disciplinary procedure	Krugerrand	Annuity	Force Majeure
Suggestio falsi	Independent Complaints Reviewer	Churning	Repurpose
Raw Materials	GTC	Tort	Information Commissioner
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Operating System	Title	Committal for sentence	Yankee market
Smurfing	Informant	IDK	Offline

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

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