Best 2020 Full Form of WEF | What is the full form of WEF

i) WEF: World Economic Forum

Full Form of WEF:- WEF stands for World Economic Forum. It is a non-profit foundation of Switzerland. It is located in Cologny, Geneva. It is an independent international organization committed to benefit the world by engaging the business, political, academic and other leaders of society to shape global, regional and industry agendas.

Formerly, it was known as “European Management Forum” which was founded in 1971, later, it has changed its name as “World Economic Forum” in 1987.

Full Form of WEF
Full Form of WEF

ii) WEF: With Effect From

WEF stands for With Effect From. It is used to represent the starting date of something. For example: If you are owner of a restaurant and you want to increase the prices of every item after a specific date due to increasing rates of vegetables and grains. So, you have to put this on a notice like this:

“Due to increasing rates of vegetables and other grains the restaurant would not be able to serve at former rates. So the management has decided to revise their menu and rate card w.e.f 01/01/2016”.

“With Effect From” is used to represent the starting date of something. For example : If we want to say ‘due to financial distress, the company would not be able to pay bonus to their workers from next financial year 2015’. So we could write :- “due to financial distress, the company would not be able to pay bonus to their workers, w.e.f. 01/04/2015.”

What does WEF mean?

World Economic Forum (WEF) is a Swiss non-profit foundation, based in Cologny, Geneva. It describes itself as an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas.

WEF – World Economic Forum The World Economic Forum is a non-profit independent international organization Headquartered in Cologny, Geneva, Switzerland. It was originally named as “European Management Forum” which was founded in 1971, later on, in 1987 the name has been changed to World Economic Forum Vastu & Astrology :

Full Form of WEF

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