Tag: total
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...
Variable Overhead
What is a 'Variable Overhead' Variable overhead is the indirect cost of operating a business, which fluctuates with manufacturing activity. For example,...
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...
Variable Price Limit
What is 'Variable Price Limit' A schedule of price variations above or below the accepted limits determined by the commodities exchanges for...
Fed Balance Sheet
What is 'Fed Balance Sheet' A breakdown of the assets and liabilities held by the Federal Reserve. This report essentially outlines the...
Waiver Of Premium Rider
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
Waiver Of Coinsurance Clause What is 'Waiver Of Coinsurance Clause ' Language in an insurance policy that says the insurance company...
Labor Union
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
Waiver Of Premium For Disability What is 'Waiver Of Premium For Disability ' A provision in an insurance policy that states...
Wage Expense
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...