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To pay the piper — Pay Pay, v. t. [imp. & p. p. {Paid}; p. pr. & vb. n. {Paying}.] [OE. paien, F. payer, fr. L. pacare to pacify, appease, fr. pax, pacis, peace. See {Peace}.] 1. To satisfy, or content; specifically, to satisfy (another person) for service rendered … The Collaborative International Dictionary of English
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 … Investment dictionary
Value of life — The value of life (or price of life) is an economic or moral value assigned to life in general, or to specific living organisms. In social and political sciences, it is the marginal cost of death prevention in a certain class of circumstances. As … Wikipedia
The United States of America — The United States of America † Catholic Encyclopedia ► The United States of America BOUNDARIES AND AREA On the east the boundary is formed by the St. Croix River and an arbitrary line to the St. John, and on the north by the… … Catholic encyclopedia
Value of information — (VoI) in decision analysis is the amount a decision maker would be willing to pay for information prior to making a decision. imilar termsVoI is sometimes distinguished into value of perfect information, also called value of clairvoyance (VoC),… … Wikipedia
value — The importance placed on something by an individual. Value is subjective and may change according to the circumstances. Something that may be valued highly at one time may be valued less at another time. The CENTER ONLINE Futures Glossary * * * ▪ … Financial and business terms
value — The utility of an object in satisfying, directly or indirectly, the needs or desires of human beings, called by economists value in use, or its worth consisting in the power of purchasing other objects, called value in exchange. Joint Highway… … Black's law dictionary
Value added — refers to the additional value of a commodity over the cost of commodities used to produce it from the previous stage of production. An example is the price of gasoline at the pump over the price of the oil in it. In national accounts used in… … Wikipedia
The Young and the Restless minor characters — The following are characters from the American soap opera The Young and the Restless who are notable for their actions or relationships, but who do not warrant their own articles. Contents 1 Current Characters 1.1 Genevieve … Wikipedia
The Market for Lemons — The Market for Lemons: Quality Uncertainty and the Market Mechanism is a 1970 paper by the economist George Akerlof. It discusses information asymmetry, which occurs when the seller knows more about a product than the buyer. A lemon is an… … Wikipedia