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Weapon Critical is a value that represents your chance of performing a Critical Strike when attacking with a (non-Staff) weapon or performing feats (skills which cost Stamina) https://en.uesp.net/wiki/Online:Weapon_Critical_(effect)
Thank you! I was having a bit of trouble in trying to narrow down the possible implications.
To further confuse you. Set bonuses or buffs that indicate a number for crit chance like "657 critical chance" effect both weapon and spell critical chance and are calculated at ratio of 219:1.
So 657 crit = 3% crit chance.
Want to be more confused? Look up crit resist
Spoiler, it's a different ratio and it reduces your crit damage taken, not crit chance.