Variable general expenses: Indirect production costs, which change directly by the changes on the production volume. Such expenses are: electricity, materials and labour, etc.
VAT return – A regular report of sales and services subject to VAT which is required of firms registered for VAT.
Value Added Tax (VAT): A type of consumption tax that is placed on a product whenever value is added at a stage of production and at final sale. Value-added tax (VAT) is most often used in the European Union. The amount of value-added tax that the user pays is the cost of the product, less any of the costs of materials used in the product that have already been taxed.
Volume: The traded quantity of a certain asset for a certain period of time. It is used as a mean for measuring the market activity.
Volatility: An indicator which measures the degree to which a certain asset’s price is expected to vary for a certain period of time.