Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: Finance

UPSTREAM INDUSTRIES

Industrial firms processing raw materials into an unfinished product to be completed by someone else.

USEFUL LIFE

Period during which an asset will be able to be used.

VA LOAN

Mortgage loan available to veterans of US Armed Forces.

VALUE ADDED NETWORK

Network of data communications using dedicated secure lines where detection of errors, access to database, capacity for storing large data quantities, protocol conversion and similar features have been included.

VALUE DRIVERS

Increasing the value of a product by improving the perception of the product.

VALUE STOCK

Stock that features high dividend yields and low P/E ratios, considered undervalued as it trades at lower prices.

VAPOR DENSITY

Weight of a unit volume of vapor or gas that is divided by weight of an equal volume of air.

VELOCITY OF MONEY

Rate that money circulate at, turns over and changes hands. High velocity equals high number of transactions. Also known as velocity of circulation.

VERTICAL DISINTEGRATION

Procedure covering all levels of production from raw material to administration to end product by one company. Gives the entity market place strength.

VIDEO-CONFERENCING

Real-time two way transmission of video and audio signals over a LAN or the internet. Also known as video teleconferencing.

VOICE OF THE PROCESS

Statistical data that is generated by quality control measures and indicating stability of the process.

VOLUNTARY REDUNDANCY

Accepting termination of employment by the employer based on terms offered to the employee.

WAGE COMPRESSION

Inequities in wages arising from new employees who want more money than current employees. See wage expansion.

WAR CLAUSE

Releases the insurer from loss liabilities due to an act of war.

WATCH LIST

List of all securities a broker may consider to be the target of irregular trading activities.

WET BASIS

Formula where the weight of an article wet is divided by weight of an article dry and multiplied by 100 giving a % weight increase.

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