WARRANT - A payment instrument for each invoice voucher or other evidence of indebtedness validated by the State Treasurer for payment. Refer to CHECK.

WARRANT REGISTER (A1) - A form used to record expenditure/expense vouchers and account classifications of each transaction in detail certified and issued by the State Treasurer. It is also used to summarize the information documented on the detailed warrant register.

WEIGHTED AVERAGE (W.A) - An inventory valuation method which values ending inventory based on the average cost per unit for the period.

WIRE TRANSFER - A type of electronic fund transfer that guarantees immediate available funds or same day settlement. The payments are conducted on the Federal Reserve System’s federal wire (Fed Wire) network. Refer to ELECTRONIC FUND TRANSFER.

Accounting Terms Glossary and Definitions
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