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

Category: V

VALUE ADDED ACTIVITY

Generating a positive return on resource investment that can’t be stopped without process impairment.

VALUE CHAIN

Activities adding value that are linked and convert input to output and add to the bottom line.

VALUE PROPOSITION

Analysis of gods and services offered to a company’s customers for payment.

VAPOR

Gaseous form of a solid or liquid.

VECTOR

Set of numbers or elements arranged in a table as rows and columns.

VESTED COMMISSIONS

Agent commissions even if he no longer works for the insurer that come from renewal of business.

VICTIM

Person harmed by criminal acts, attack target.

VISAED

Verified document by consul of one country in another country.

VALUE RECOVERY PROVISION

1 of the 4 criteria for capitalization laid down by the US Financial Accounting Standards Board, FASB, to classify leases that can’t be cancelled.

VAPOR BARRIER

Fill, membrane or foil or coated paper with a high resistance to movement of vapors.

VECTOR GRAPHICS

Computer graphics that are not pictures and unlike raster graphics are represented by mathematical equations as geometric shapes.

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.