use by an adjuster to determine loss occurrence and putting a monetary value to a claim.

1. Accounting. Alternate term for Gross income. 2. Economics. Difference of sales revenue and costs to produce. See economic value. 3. Marketing. Creating an advantage over the competition by adding more products

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

Resources used to enhance value of goods and services.

Network that has had value added in client/server co putting based on protocols of internet use.

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.

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

Retailer who augments, assembles or repackages services and goods to biter suit needs of the buyer.

Financial statement showing wealth that has been created by the enterprise in an accounting period.

Actions that increase output generation is more valuable than the inputs used to create it.

Activities in quality control transforming input to output valuable to customers.

1. Manufacturing. Analysis identifying and selecting alternatives with best value for materials, design, systems and processes. Also known as value engineering. 2. Purchasing. Replacing items with more cost effective items. Also known

Largest loss to be possibly suffered to a portfolio over a period of time, say 10 days of a given level of probability.

Strategy of investment where securities are purchased regularly in increasing amounts when the market drops and decreases if it rises.

Identifying factors that can destroy or create value and to maximize value to the shareholder.

Plan based on creating value of strategies measured by flow of cash.

Method of pricing based on a goods perceived worth.

Charges for a service not based on time taken but on the price of the service.

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

Examining the value chain to determine how much value and when it is added.