What does it mean value for money

The letter k is also used represent one thousand.A reasonable amount and quality of goods or services for the amount of money one spends a thing bought or offered for sale much more cheaply than is usual or expected noun a reasonable amount and quality of goods or services for the amount of money one spends vfm the new car was good value for money. nounA recession is a prolonged period of negative economic growth in a country.An example of valuable is a ring worth $1,000,000.The dollar is currently appreciating because of the fed's attempt to curb inflation, making imports cheap and exports costly.

Collins dictionary of business, 3rd ed.It does not necessarily imply that a nominated.Real values are more important than nominal.Management centre value for money in procurement 2.It is in contrast to the real value of an asset, which considers deductions and premiums.

The definition of valuable is something that is worth a lot, either in terms of money or in terms of being useful or loved.If something is sold in number of items (for example 10 pencils) then the same method can be used:The most important distinction between price and value is the fact that price is arbitrary and value is fundamental.[noun] the monetary worth of something :The real value of an item, also called its relative price, is its nominal value adjusted for inflation and measures that value in terms of another item.

Proportionality value for money requires that organisational systems are proportional to the capacity and need to manage results and/or deliver better outcomes and be calibrated to maximise efficiency.'intelligent customer' denotes a capability of the customer organisation in understanding both customer and provider businesses fully.The bottom of the recession)—and back again.Because you can use money to make more money!