Tag: supply

What is a 'Value Chain' A value chain is a high-level model developed by Michael Porter used to describe the process by...

DefinitionPareto analysis is a formal technique useful where many possible courses of action are competing for attention. In essence, the problem-solver estimates the benefit...

Definition Vendor finance is a form of lending in which a company lends money to be used by the borrower to buy the vendor's products...

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...

What is a Veblen Good A Veblen good is a type of consumer good for which demand increases as the price increases. This occurs because...

DefinitionThe term "velocity of money" refers to how fast money passes from one holder to the next. It can refer to the income velocity...

What is 'Variable Price Limit' A schedule of price variations above or below the accepted limits determined by the commodities exchanges for...

What is a 'Value-Added Tax - VAT' A value-added tax (VAT) is a type of consumption tax that is placed on a...

DefinitionFiat money is a currency without intrinsic value that has been established as money, often by government regulation. Fiat money does not have use...

What is 'Fail' In common trading terms, if a seller does not deliver securities or a buyer does not pay owed funds...