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l-text">Last updated: 22 Feb, 2017  
SME Glossary
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Glossary of Export Import Trade Terms Starting with - V
Words   Description
VKUJ Vishesh Krishi Upaj Yojana, a new scheme introduced in the Foreign Trade Policy (2004-2009) as part of the package for agriculture.
Validated Export Licence A required document issued by the Indian Government authorizing the export of specific commodities.
Value Addition Value addition refers to the increment added in the process of manufacture of a particular item, which also becomes part of its price.
Value Chain A value-added process in a firm to transform raw materials and other inputs to finished goods, which creates value to customers.
Value Date Date on which a foreign exchange contract is executed, i.e. seller delivers.
Value Stocks Stocks with low price/book ratios or price/earnings ratios. Historically, value stocks have enjoyed higher average returns than growth stocks (stocks with high price/book or PE ratios) in a variety of countries.
Value-Added Tax (VAT) A sales tax collected at each stage of production in proportion to the value added during that stage.
Variable Costs A cost that varies directly with volume and is zero when production is zero.
Venture Capital An investment in a start-up business that is perceived to have excellent growth prospects but that does not have access to capital markets.
Virtual Corporation Partnerships so close those two partners become a single firm for all operational purposes.
Voluntary Export Restraint (VER) One country promises another country to limit its imports; this is often done when the promising country fears increased tariffs or quotas if it does not self-regulate.
 
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  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 23 Jul, 2019
  Daily Poll
Is the Union Budget 2019 MSME-friendly?
 Yes
 No
 Can't say
  Commented Stories
» Textile opportunities in Finland: An export snapshot (1)
» Several schemes to push MSME sector: Minister(1)
» India's balancing act(1)
 
 
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