Category: V

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

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

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

Document vested in a body.

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

Health insurance plan covering vision care.

Insight into a customer’s wants, needs and preferences through indirect and direct questioning.

Relying on regular and occasional volunteers to operate with or without paid staff members.

Gross loss of income from an untenanted property available for lease.

Finance. Current value of set of expected cash flows is equal total of all individual values.

Phrase in documents accompanying equipment, samples from the US and indicating estimated commercial value of items.

Activities that are needed to design, produce, provide a service or product with information of materials and flows of worth.

Situation where liquid is trapped in pipes and cannot flow as vapor has formed and is blocking the pipe.

Graphic image on light sensitive paper that is able to be copied photographically, manipulated and then transferred to a plate for printing. Also called Photomechanical Transfer, PMT, and replacing it is Lion

Company mergers at varying stages of production and distribution of the same industry.

Period of time an employees needs to work to fully own company shares in a stock option plan.

Treaty that governs international trade defang rights of importers and exporters. Aloes known as UN Convention on Contracts for the International Sale of Goods.

Inspirational description of what the organization wants to achieve. See mission statement.

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

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