Maximum Working Load (MWL) is the load at which a block, line or other piece of gear will happily function without excessive friction or permanent deformation. It is usually one half of the fitting’s breaking load or breaking strength, the load at or around which you can expect a major failure of some part of its structure.
Above MWL, balls may flatten or pit, sheaves may seize and the shackle may begin to distort. Never exceed the fitting’s MWL with either static or dynamic forces, keeping in mind the purchase, the angle of the load, and the rope load.
When selecting blocks there are a lot of different things to consider such as the total load, the acceptable amount of friction, and the bulk or size of the system. An example is using Ronstan’s Series 20 blocks versus Harken’s 40mm Carbo Airblock. The MWL of the blocks is essentially the same, but the Harken block is twice the size of the Ronstan, costs more than twice as much, but since larger diameter almost always translates into less friction an argument could be made either way, it just depends on the application.