Vacancy Rate

Percentage of unoccupied properties or job positions

Real Estate or HR

Valuation

Process of determining the worth of a business or asset

Finance or Investment

Value Chain

Sequence of activities adding value to a product or service

Operations or Strategy

Value-Added Tax (VAT)

Consumption tax levied on value added at each production stage

Finance or Taxation

Value-Based Pricing

Setting prices based on perceived value to the customer

Pricing Strategy

Valued Customer

Repeat buyer or loyal customer with high long-term value

Marketing

Variable Cost

Costs that change based on production volume

Finance or Accounting

Variable Interest Entity (VIE)

Entity controlled indirectly through other legal means

Accounting or Finance

Variable Pay

Performance-based pay such as bonuses or commissions

HR or Compensation

Variance

Difference between planned and actual results

Finance or Analytics

Vendor

Supplier of goods or services to a business

Procurement or Operations

Vendor Contract

Legally binding agreement with a supplier

Legal or Procurement

Vendor Management

Process of evaluating and overseeing suppliers

Procurement

Vendor Risk Management

Identifying and mitigating risks from third-party suppliers

Compliance or Supply Chain

Venture Capital

Funding provided to early-stage, high-potential businesses

Finance or Startup

Venture Capitalist

Investor providing funding in exchange for equity

Finance or Startup

Verification Process

Ensuring accuracy, authenticity, or compliance

Compliance or Operations

Version Control

Managing changes to documents or software code over time

Technology or Project Management

Vertical Integration

Company controls multiple stages of production or supply chain

Operations or Strategy

Vertical Market

Industry-specific niche where products or services are tailored

Marketing

Virtual Event

Online gathering or experience such as a webinar or trade show

Marketing or Operations

Virtual Office

Company operating remotely without a fixed physical location

HR or Remote Work

Virtual Private Network (VPN)

Secure connection to protect data over the internet

Technology or Cybersecurity

Virtual Team

Team working remotely across different locations

HR or Operations

Vision Statement

Future-oriented declaration of a company’s goals and purpose

Strategy or Leadership

Visual Merchandising

Use of visual displays to attract and engage customers

Retail or Marketing

Voice of the Customer (VoC)

Collecting and analyzing customer feedback and preferences

Marketing or Customer Experience

Volatility

Degree of price fluctuation in a market or asset

Finance or Investment

Volume Discount

Price reduction for purchasing in large quantities

Sales or Pricing

Voluntary Disclosure

Proactive reporting of business issues to authorities or stakeholders

Legal or Compliance