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

VALUE ADDED ACTIVITY

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

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 ADDED STATEMENT

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

VALUE ADDED WORK

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

VALUE ANALYSIS

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

VALUE AT RISK (VAR)

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

VALUE AVERAGING

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

VALUE BILLING

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

VALUE CHAIN

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

VALUE DATING

Value or credit is given to bank to bank funds transfers.

VALUE DRIVERS

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

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