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

U

UNIT PRICE
An amount shown in an estimate or contract as the price for a standard quantity of a particular material or service.

UNSALVAGEABLE
Damaged beyond the possibility of cost-effective restoration and having no apparent market value.

UNSCHEDULED PROPERTY
Personal property insured under the Contents Property section of Homeowner’s policies, expressed as a dollar limit for personal property not individually listed or described.

V

VISUAL INSPECTION
The inspection of a loss site without the use of instruments.

VOC
See Volatile Organic Compound.

VOLATILE ORGANIC COMPOUND
Organic chemical compounds with sufficient vapor pressure under normal conditions to vaporize and enter the atmosphere. Abbr. VOC.

W

WAIVER
An instrument or action which intentionally relinquishes a right, claim or privilege.

WAIVER OF LIEN
An instrument by which a person or organization relinquishes the right to invoke a lien against the property of another.

WARRANTEE
A person or party who provides a guarantee.

WARRANTY
A written statement by a manufacturer, contractor or service firm providing certain assurances to the purchaser regarding the future performance of a device, installation or service.

WATER DAMAGE
The destructive effects of water or moisture on buildings and personal property.

WATER LOSS INSTITUTE
A membership interest group within the Restoration Industry Association. Abbr. WLI.

WINTERIZE
The process of protecting a building from freezing when the primary heat source is not in commission.

WIPE
A small piece of uncolored, non-fragranced cellulosic or synthetic material used to collect combustion particles (char, soot, etc.) from a surface. Examples would be a cotton ball or pad.

WITHOUT PREJUDICE
Without any loss or waiver of rights or privileges. (Legal Dictionary)

WLI
See Water Loss Institute.

WORK AUTHORIZATION
A document signed by a property owner or agent and a contractor requesting that the contractor perform damage repairs and accepting responsibility for paying the contractor for the work; usually the document directs an insurer to pay the contractor or include the contractor as a payee on any check or draft issued for that claim.

WORK ORDER
A written directive to a contractor, subcontractor or employee authorizing the work to proceed.

WORK SPECIFICATION
A comprehensive listing of work to be performed, including quantities, material specifications and performance details; often appended as part of a contract.

WORKMAN'S COMPENSATION INSURANCE
Insurance covering liability of an employer to his employees for compensation and other benefits required by workmen’s compensation statutes for injury, illness or death arising from their employment.