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Tooltip Categories: Economics & Finance

value for money [VFM]

A customer´s estimation about the price of a product or service based on its presumed quality. This estimation relies on the comparison among similar services

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variable cost

Expenses that change in proportion to the activity of a business. Variable cost is the sum of marginal costs over all units produced. (source: http://en.wikipedia.org/wiki/Variable_cost)

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utilities expense

Under the accrual basis of accounting, this account reports the cost of the electricity, heat, sewer, and water used during the period indicated in the

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vacancy

An unoccupied post or office. (source: http://www.collinsdictionary.com/dictionary/english/vacancies)

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validity

Period for which an agreement, bid or offer, claim, document, etc., remains in force. (source: http://www.businessdictionary.com/definition/validity.html#ixzz2hLTJhk6z)

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valuation

The process of determining the value of an asset or company. (source: http://www.investorwords.com/5207/valuation.html#ixzz2hEW4a1fq)

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value added

The difference between the sale price and the production cost of a product is the unit profit. (source: http://en.wikipedia.org/wiki/Value_added)

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usufruct

A right of enjoyment, enabling a holder to derive profit or benefit from property that either is titled to another person or which is held

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usufructuary

One having the use or enjoyment of something. (source: http://www.merriam-webster.com/dictionary/usufructuary)

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usurer

A person who lends money and requires the borrower to pay a high amount of interest. (source: http://www.merriam-webster.com/dictionary/usurer)

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