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...
Value-Added Tax (VAT)
What is a 'Value-Added Tax - VAT' A value-added tax (VAT) is a type of consumption tax that is placed on a...
Variation Margin
How to Calculate Variation and Maintenance Margin In futures trading, you must provide variation margin to your broker if you want to continue trading. If...
Value-Based Pricing
DefinitionValue-based price is a pricing strategy which sets prices primarily, but not exclusively, according to the perceived or estimated value of a product or...
Savings Account
DefinitionA savings account is a deposit account held at a retail bank that pays interest but cannot be used directly as money in the...