| Value added | For a production process this is the value of output minus the value of all inputs (called intermediate goods). The capital goods and labour used in production are not intermediate goods. The value added is equal to profits before taxes plus wages. |
| Value based pricing | A pricing methodology that involves setting prices based upon perceived value (rather than cost to the producer). Although its use can lead to high revenues per sale, the analysis required may prove too burdensome expensive for low |
| Value stream | The steps utilized to create a desirable good. |
| Variable cost | A cost that increases as the quantity of an item is produced. Common examples include the costs of ingredients, shipping and packaging |
| Vat (value-added tax) | A tax paid on most goods and services in the UK, currently 20%. |
| Vc (venture capital) | Capital invested into high-risk opportunities, often startups. |
| Veblen good | A product for which a higher price stimulates increased customer demand. Such items are used to advance the status of the purchaser and provide value other than direct functionality. Common examples include art, wine and jewelry. |
| Venture capital | Capital invested into projects with higher risks, usually start-up businesses. |
| Verifiable information | Information that can be used to enforce a contract. |
| Vertical merger | A merger between companies that are in the same industry but are not at the same production stage. For example, if a car manufacturer buys a tyre company. They are part of the car manufacturing industry, but now the car maker can reduce the cost of tyres. |
| Vig | The common abbreviation for vigorish |
| Vigorish | The interest rate on a loan from a loan shark. |
| Volume | The number of shares traded in a day on the London Stock Exchange. |
| VRIO | A resource based framework for understanding the strategic importance of various resources to an organization. |
