Variable Overhead
What is a 'Variable Overhead' Variable overhead is the indirect cost of operating a business, which fluctuates with manufacturing activity. For example,...
Variable Benefit Plan
What is 'Variable Benefit Plan' A type of retirement plan in which the payout changes depending on how well the plan's investments...
Valued Marine Policy
What is 'Valued Marine Policy' A type of insurance coverage that places a specific value on the insured property, such as the...
Velocity Of Money
DefinitionThe term "velocity of money" refers to how fast money passes from one holder to the next. It can refer to the income velocity...
Vandalism And Malicious Mischief Insurance
What is 'Vandalism And Malicious Mischief Insurance' A type of insurance coverage that protects against losses sustained as a result of vandals....
Vance D. Coffman
DefinitionVance D. Coffman was the chairman of the board and chief executive officer of Lockheed Martin Corporation. He was elected to the board of...
Variable Overhead Spending Variance
What is a Variable Overhead Spending Variance
A variable overhead spending variance is the difference between the actual amount of variable overhead incurred and the...
Value Reporting Form
What is 'Value Reporting Form' An insurance form that is used to provide the variable coverage amounts needed by commercial businesses that...
Venture Capital Trust (VCT)
What is 'Venture Capital Trust - VCT' A type of publicly listed closed-end fund found in the United Kingdom. A venture capital...
Vanilla Strategy
What is 'Vanilla Strategy' An approach to investing or to business decision-making that is basic and common. Some investors and businesses excel...