Glossary
Wants
Needs or preferences that are not essential for survival but contribute to greater comfort and enjoyment in daily life. Examples include a new phone, branded clothing, a trip abroad, the latest model car or dining at an expensive restaurant.
Wants - glossary for children
Goods and services that a person wants because they are pleasing and enjoyable to them, but are not necessary for living.
Warranty Card
A document received when purchasing goods (usually electronics, appliances, or equipment) certifying that the product is covered by a manufacturer’s or seller’s warranty for a specified period. It entitles the holder to free repair, replacement, or service if the product malfunctions not due to the buyer’s fault within the warranty period.
Weight of the Insurable Length of Service
A numerical coefficient that determines the contribution of each year of insurance service when calculating the amount of a pension. It indicates what portion of the insured person’s earnings is taken into account for each year of service and directly affects the final pension.
Wholesale Price - glossary for children
The price shops pay when buying goods in large amounts from producers or wholesalers.
Wholesaler - glossary for children
A person or business that buys large quantities of goods from producers or manufacturers and sells them to shops, not directly to people.
Worker - glossary for children
A person who does physical work for someone else, for example in construction, a factory, or a farm.
Partners
