Oxford Business English Dictionary for Learners of English

(Commerce) a company or person that sells sth: a software vendor о street vendors

(Production) a company that supplies raw materials or pieces of equipment to companies that make goods: They have been chosen as preferred vendor for voice communications for the hotel group, [syn] supplier See note at supply chain

3 (Law) a person who is selling a house or other property

seller

'vendor,rating (abbr VR) (also sup'plier .rating

abbr SR) noun [u,c]

(Production) a system of recording and ranking how well a supplier does what they agree to do, the quality of the goods they supply, etc.; the score that they receive: Vendor rating can help to raise the level

(HR) (especially BrE) to find out about a person's past life and career in order to decide if they are suitable for a particular job: All candidates are carefully vetted for security reasons.

to examine sth carefully to make sure that it is correct, suitable, legal, etc: The merger was allowed to go ahead after being carefully vetted, о The document was vetted and approved by senior management.

[syn] screen

'vetting noun [U]: a rigorous vetting process

veto /'vi:tau; AmE -too/ noun, verb

noun (plural vetoes)

[C.U] the right to refuse to allow sth to be done, especially the right to stop a law from being passed or a decision from being taken: The executive committee has a final veto on/over business decisions, о The British government used its veto to block the proposal, о to have the power/right of veto

veto power/rights

[C] an occasion when sb refuses to allow sth to be done: For months there was a veto on employing new staff.

verb [+ obj] (vetoes, vetoing, vetoed, vetoed)

• verb [+ obj] (often used as an adjective versioned) to create a new form of sth, especially computer software

2 to refuse to accept or do what sb has suggested: The union vetoed the introduction of six-month contracts.

viable /'vaiabl/ adjective that can be done, used, achieved, etc.; likely to be successful: Meeting via the Internet is seen as a viable alternative to business travel, о They could not get a large enough share of the market to make the business viable.

О a viable alternative/option/proposition/solution * commercially/economically/financially viable

viability /.vaia'bilati/ noun [u]: The Japanese firm is assessing the viability of opening a plant in France, о There are doubts about the long-term viability of the business.

vi.carious lia'bility noun [u][Law) the fact of sb having legal responsibility for the actions of sb else, for example a company being responsible for the actions of its employees

vice- /vais/ combiningform (used in nouns and related adjectives)

next in rank to sb and able to represent them or act for them: Ruth Hawkin, vice-director of HPS group о The chairman resigned and handed control to his vice-chairman.

1 [C] a formal choice that you make in an election or at a meeting in order to choose sb or decide sth: There were 18 votes for and 12 against the motion, о 72% of the votes cast were in favour of a strike.

2 [c] an occasion when a group of people vote on sth: Let's take a vote on the issue, о The issue was put to the vote. See note at meeting

to force/have/take a vote

3 [C] the right to vote: Only individual policyholders have a vote.

4 [sing.] the total number of votes in an election: She obtained 40% of the vote.

verb

[+ obj or no obj] to show formally by marking a paper, raising your hand, or using a special machine, etc. which person you want to win an election, or which plan or idea you support: Let's listen to the arguments on both sides and then vote