Value Added
What is 'Value Added' Value-added describes the enhancement a company gives its product or service before offering the product to customers. Value-added...
Valuation Reserve
What is 'Valuation Reserve' The funds set aside by life insurers as required by state law to compensate for declines in the...
Value Added Monthly Index (VAMI)
What is 'Value Added Monthly Index - VAMI' An index that tracks the monthly performance of a hypothetical $1000 investment. ...
Variable Prepaid Forward Contracts
What is 'Variable Prepaid Forward Contracts' An agreement to give a predetermined number of shares to a brokerage firm, with the stipulation...
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...