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War

Armed conflict carried on between nations, states, or rulers, or between citizens in the same nation or state.

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War Exclusion Clause

In marine insurance, exclusion which relieves the insurer of liability for loss caused by war.

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Warehouse

A structure used to hold goods, stores or wares.

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Warehouse Receipt

A receipt issued by a warehouseman for goods received for purpose of storage.

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Warehouseman

One who is in business of receiving and storing goods of others for compensation.

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Warehousemen’s Lien

Legal right of warehouseman to retain possession of goods until storage charges have been paid.

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Warning

A caution, e.g., labels affixed to potentially dangerous products, drugs, tools, etc.

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Warrant

v. In contracts, to promise that certain facts relating to the subject matter are or shall be as represented.

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Warranty

A promise that certain facts are truly as they are represented to be and that they will remain so.