The WEF Full Form is With effect from. It is used to represent something’s starting date.
W = With
E = Effect
F = From
- Say, if a notice specifies that the new rules will apply w.e.f. on 2 January 2018, this means that the new rules will come into force on or after 2 January 2018, beginning at 12:00 a.m. That specific day.
- You get promoted and your new salary is going to be 15,000 Wef. 1st December 2020.
WEF: World Economic Forum
W = World
E = Economic
F = Forum
The International Organization for Public-Private Cooperation is the World Economic Forum. It was set up as a non-profit foundation in 1971 and has its headquarters in Geneva , Switzerland. It is autonomous, unbiased and not connected to any specific interests. In all its efforts, the Forum aims to illustrate entrepreneurship in the global public interest while maintaining the highest governance standards. At the heart of everything it does is moral and intellectual honesty.