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− | [[wages]]: a form of pay given to employees in exchange for the work they have done | + | [[value added]]: originally, the difference between the cost of bought-in materials and the eventual selling price of the finished product |
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− | [[waiver of premium]]: a provision of an insurance policy that suspends payment of premiums, for example, if the insured suffers disabling injury | + | [[value-added tax]]: a tax added at each stage in the manufacture of a product. It acts as a replacement for a sales tax in almost every industrialized country outside North America. |
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− | [[wallet technology]]: a software package providing digital wallets or purses on the computers of merchants and customers to facilitate payment by digital cash | + | [[variable annuity]]: an annuity whose payments depend either on the success of investments that underlie it, or on the value of the index |
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− | [[Wall Street]]: the U.S. financial industry, or the area of New York City where much of its business is done | + | [[variable cost]]: a cost of production that is directly proportional to the number of units produced |
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− | [[waste management]]: a sustainable process for reducing the environmental impact of the disposal of all types of materials used by businesses. | + | [[variable interest rate]]: an interest rate that changes, usually in relation to a standard index, during the period of the loan |
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− | [[wealth]]: physical assets such as a house or financial assets such as stocks and shares that can yield an income for their holder | + | [[venture capital]]: money used to finance new companies or projects, especially those with high earning potential and high risk. |
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− | [[Web marketing]]: the process of creating, developing, and enhancing a Web site in order to increase the number of visits by potential customers | + | [[venture funding]]: the round of funding |
| + | for a new company that follows seed funding provided by venture capitalists. |
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− | [[weighted average]]: an average of quantities that have been adjusted by the addition of a statistical value to allow for their relative importance in a data set | + | [[venture management]]: the collaboration of various sections within an organization to encourage entrepreneurial spirit, increase innovation, and produce successful new products more quickly |
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− | [[whistleblowing]]: speaking out to the media or the public on malpractice, misconduct, corruption, or mismanagement witnessed in an organization | + | [[verbal contract]]: an agreement that is oral and not written down. It remains legally enforceable by the parties who have agreed to it. |
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− | [[wholesale price]]: a price charged to customers who buy large quantities of an item for resale in smaller quantities to others | + | [[vertical market]]: a market that is oriented to one particular specialty, for example, plastics manufacturing or transportation engineering |
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− | [[wholesaling]]: businesses and individuals engaged in the activity of selling products to retailers, organizational users or other wholesalers. Selling for resale. | + | [[viral marketing]]: the rapid spread of a message about a new product or service in a similar way to the spread of a virus |
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− | [[withholding tax]]: the money that an employer pays directly to the U.S. government as a payment of the income tax on the employee | + | [[virtual organization]]: a temporary network of companies, suppliers, customers, or employees, linked by information and communications technologies, with the purpose of delivering a service or product. |
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− | [[word of mouse]]: word-of-mouth publicity on the Internet. Owing to the fast-paced and interactive nature of online markets, word of mouse can spread much faster than its offline counterpart | + | [[vision statement]]: a statement giving a broad, aspirational image of the future that an organization is aiming to achieve. |
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− | [[working capital]]: The excess of current assets over current liabilities. The cash needed to keep the business running from day to | + | [[voting rights]]: the rights that shareholders have to vote on matters affecting a corporation |
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| + | [[vulture capitalist]]: a venture capitalist who structures deals on behalf of an entrepreneur in such a way that the investors benefit rather than the entrepreneur |