Tooltip Categories: Economics & Finance

voluntary sector

The sphere of social activity undertaken by organizations that are not for profit and non-governmental. (source: http://en.wikipedia.org/wiki/Voluntary_sector)

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vocational training

Training for a specific vocation in industry or agriculture or trade. (source: http://www.thefreedictionary.com/vocational+training)

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voidable

Feature of a contract which can be annulled under certain specified circumstances, such as misrepresentation, non-disclosure, or errors by one or more parties to the

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volatility

The relative rate at which the price of a security moves up and down. Volatility is found by calculating the annualized standard deviation of daily

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Village Banking

A microcredit methodology where-by financial services are administered locally rather than centralized in a formal bank. Village banking has its roots in ancient cultures and

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venture debt

Venture debt or venture lending or «venture leasing» is a type of debt financing provided to venture-backed companies by specialized banks or non-bank lenders to

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verbal agreement

A contract the terms of which have been agreed by spoken communication, in contrast to a written contract, where the contract is a written document.

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videoconferencing

A set of telecommunication technologies which allow two or more locations to communicate by simultaneous two-way video and audio transmissions.(source: wikipedia.org)

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village bank

Self-managed villagelevel savings and credit associations formed by up to 50 low-income earners committed to improving their economic and financial situation through self-employment.

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viral marketing

A marketing strategy that focuses on spreading information and opinions about a product or service from person to person, especially by using unconventional means such

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