Tag: total

What is 'Value Added' Value-added describes the enhancement a company gives its product or service before offering the product to customers. Value-added...

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 Variable Overhead Spending Variance A variable overhead spending variance is the difference between the actual amount of variable overhead incurred and the...

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 'Fed Balance Sheet' A breakdown of the assets and liabilities held by the Federal Reserve. This report essentially outlines the...

What is a waiver of premium rider A waiver of premium rider is an insurance rider that waives the policyholder's obligation to pay premiums if...

Waiver Of Coinsurance Clause What is 'Waiver Of Coinsurance Clause ' Language in an insurance policy that says the insurance company...

What is a 'Labor Union' A labor union is an organization intended to represent the collective interests of workers in negotiations with...

Waiver Of Premium For Disability What is 'Waiver Of Premium For Disability ' A provision in an insurance policy that states...

What is 'Wage Expense' In financial accounting, wage expense represents payments made to non-manufacturing employees, regardless of whether they are hourly or salaried. Depending on...