Tag: definition

Vendor

DefinitionIn a supply chain, a vendor, or a seller, is an enterprise that contributes goods or services. Generally, a supply chain vendor manufactures inventory/stock...

Valued Policy Law (VPL)

Valued Policy Law (VPL) What is 'Valued Policy Law - VPL' A statute that requires insurance companies to pay the full value...

Variance Inflation Factor

DefinitionIn statistics, the variance inflation factor is the ratio of variance in a model with multiple terms, divided by the variance of a model...

Value Network Analysis

What is 'Value Network Analysis' The analysis of the members and the interactions of these members within a value network. Value network...

Vanishing Premium

Vanishing Premium What is 'Vanishing Premium ' A type of periodic fee, paid in exchange for an insurance policy, that eventually...

Vendor Note

What is 'Vendor Note' A type of debt instrument used in a particular type of short-term loan agreement in which the seller...
Variable Overhead Efficiency Variance

Variable Overhead Efficiency Variance

How Does Variable Overhead Efficiency Variance Affect Your Overhead Rate? There are two forms of overhead rate variation: Fixed overhead rate variance and Variable Overhead...
variable-rate certificate of deposit

Variable-Rate Certificate Of Deposit

What is a Variable-Rate Certificate of Deposit (VRCD)? A variable-rate certificate of deposit (VRCD) is a type of investment account that offers a variable interest...

Vault Receipt

What is 'Vault Receipt' A document frequently used as a delivery instrument to indicate ownership of precious metals stored in a bank,...

Vanilla Option

What is a 'Vanilla Option' A vanilla option is a financial instrument that gives the holder the right, but not the obligation,...