Vendor-Specific Objective Evidence (VSOE): A method for determining the individual value of each item within a contract in order to recognize partial revenue before the entire contract is fulfilled.

 

Related Words

Vendor-Specific Objective Evidence (VSOE): A method for determining the individual value of each item within a contract in order to recognize partial revenue before the entire contract is fulfilled.

Objective (Mutual Funds): The fund's investment strategy category as stated in the prospectus. There are more than 20 standardized categories. E.g. Aggressive growth, balanced.

Objective Correlative: An object which comes to represent an aspect of a character--e.g., Bart Simpson's skateboard representing his carefree and spontaneous lifestyle.

Parol Evidence Rule: A rule of evidence providing that a written agreement is the final expression of the agreement of the parties, not to be modified by oral or written negotiations.

Objective: A specification of what is to be accomplished, the timeframe in which it is to be accomplished and by whom.

Objective Form: A form of pronouns used as the objects of prepositions and verbs. Examples include the pronouns him, her, and them. Modern English uses a single objective form to mark what originally had be . . . View Full Definition

Management By Objective (MBO): A performance appraisal strategy in which subordinates determine and set goals for themselves based on the overall goals and objectives for the organization.

Evidence Of Insurability: Group disability coverage is generally sold as 'guaranteed issue,' which means that evidence of insurability is not required.

Evidence Of Title: Proof of ownership of property, commonly a certificate of title, an abstract of title with lawyers opinion, title insurance or a Torrens registration certificate.

Financial Objectives: A method of establishing the amount of life insurance required by an individual by estimating the financial needs of dependents in the event of the individual's death.