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

VALUE PROPOSITION

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

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.

VALUE REPORTING FORM

Commercial form for businesses that have differing amounts of inventory or value during the year. Insurance is adjusted accordingly.

VALUE STOCK

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

VALUE STREAM

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

VALUE SYSTEM

Coherent set of values used by a person, society or organization as standard guiding behavior in situations.

VALUED

Agreement made by an insurance company to pay a pre-determined amount for a loss.

VALUED ENVIRONMENTAL ATTRIBUTE

Important part of an ecosystem, welfare of the environment, health of a person that cab at risk from behavior and natural events.

VALUED POLICY LAW

Law stating the insurer has to pay face value of policies on total loss of a building.

VALUE-IN-USE

Accounting. An assets net worth calculated by an estimation of future value and value of disposal if it becomes impaired.

VALUES

Important ideal or belief shared be members about what is good and what is not about a culture. See value.

VALUES, ATTITUDES, AND LIFESTYLES SYSTEM (VALS-2)

Proprietary psychographic consumer segmentation system classifying people into 8 groups based on lifestyle. 1. Actualizes, 2, Fulfillers, 3. Achievers, 4. Believers, 5. Strives, 6. Experiencers, 7. Makers, 8. Strugglers.

VALVE

Electromechanical or mechanical device that controls the flow of liquid, gas, slurry, dry loose material. 3 maintypes.1. Isolation, 2. Switching, 3, Control.

VANDALISM

Mindless and malicious harm and injury to another’s property.

VAPOR

Gaseous form of a solid or liquid.

VAPOR BARRIER

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

VAPOR DENSITY

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

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