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Glossary of Terms Used for USAID's Automated Directives System (ADS) - Updated 07/15/2011 Partial Revision

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Term Definition
Waiting Period

See 5 CFR Sec. 531.403 (USAID Automated Directives System - ADS - Chapter 471).

Waiver

The cancellation, remission, forgiveness, or non-recovery of a debt allegedly owed by an employee to an agency as permitted or required by 5 U.S.C. 5584 (USAID Automated Directives System - ADS - Chapter 625). The written permission required to eliminate the requirements of a specific policy. Authorized individuals may grant waivers to meet specific business needs (USAID Automated Directives System - ADS - Chapter 545). An exemption from established rules. A Purchase Cardholder must write an explanation to justify a waiver request when making an open market purchase if a required source also offers the product or service (USAID Worldwide Purchase Card Program Manual, A Mandatory Reference for ADS Chapter 331).

Warrant

A Certificate of Appointment (SF-1402) used to re-delegate purchasing authority (See also, 331.4, Certificate of Appointment). All warrants issued shall be available for examination by the public or USAID personnel (USAID Automated Directives System - ADS - Chapter 331).

Weighted-Average

A periodic inventory costing method where ending inventory and cost of goods sold are priced at the weighted-average cost of all items available for sale (source: SFFAS 3) (USAID Automated Directives System - ADS - Chapter 629).

Within Class Increase

A periodic increase in an employee's rate of basic pay from one step of the class of his or her position to the next higher step of that class (USAID Automated Directives System - ADS - Chapter 463).

Within Grade Increase

A periodic increase in an employee's rate of basic pay from one step of the grade of his - her position to the next higher step of that grade (USAID Automated Directives System - ADS - Chapter 462). See 5 CFR Sec. 403 (USAID Automated Directives System - ADS - Chapter 471).

Witholding Order

Any order for withholding or garnishment of pay issued by USAID or a judicial or administrative body. For the purposes of ADS 625 and 22 CFR 213, wage garnishment order and garnishment order have the same meaning as withholding order (USAID Automated Directives System - ADS - Chapter 625).

Woman-Owned Bank

A bank that is owned at least 50 percent by women (USAID Automated Directives System - ADS - Chapter 636).

Work Objectives

Expectations for an employee established by management for a particular rating period (USAID Automated Directives System - ADS - Chapters 450, 461, 462, and 463).

Work Schedule

The regularly established tour of duty for an employee to work in a week (i.e full-time or part-time) (USAID Automated Directives System - ADS - Chapter 452).

Work Unit

An office, staff, or other unit below the Bureau or independent office (USAID Automated Directives System - ADS - Chapter 480).

Workday

Those hours which comprise in sequence the employee's regularly scheduled tour of duty within any 24-hour period, whether falling entirely within one calendar day or not (USAID Automated Directives System - ADS - Chapter 479).

Working Capital Fund

A revolving fund that operates as an accounting entity. In these funds, the assets are capitalized and all income is in the form of offsetting collections derived from the funds' operations and available in their entirety to finance the funds' continuing cycle operations without fiscal limitation. A working capital fund is a type of intragovernmental revolving fund (source: GAO Glossary of Budget Terms) (USAID Automated Directives System - ADS - Chapters 629, 635).

Working Papers

These set forth the principal support for the auditors' audit report and provide the documentation allowing others to review the quality of the audit work (USAID Automated Directives System - ADS - Chapter 590).

Workout

Workouts are actions undertaken to maximize the repayments to USAID under existing direct loans or to minimize claim payments that USAID would make under loan guarantees (SFFAS 2) (USAID Automated Directives System - ADS - Chapter 623).

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