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The AMA Dictionary of Business and Management by George Thomas Kurian

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V

Valorization Stabilization of a currency or commodity by artificial means, such as state intervention.

Value Agreed-upon worth of a product or service, as distinct from its retail price or cost to produce.

Value added Greater worth added to goods and services at each stage or step in the chain of production, which becomes the basis for levying a VALUE-ADDED TAX.

Value-added tax Form of consumption tax or excise added incrementally on the value added at each stage of processing or the production and distribution of a commodity and is ultimately passed on to the consumer. Unlike a sales tax, it occurs each time a business in the supply chain purchases products.

Value analysis Technique developed by educator and engineer LAWRENCE D. MILES to maximize ...

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