V terms

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Glossary entries

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Value Add The additional value created by an organisation or economy through production, processing or service activity. General View full entry

Value Added The additional benefit, improvement or worth created through an activity, product or service. General View full entry

Vulnerability Assessment A systematic review that identifies, classifies and prioritises security weaknesses in systems or applications. Digital and Technology View full entry

Vice Admiral A senior flag-officer rank in the Republic of Singapore Navy. Defence View full entry

Vulnerability Assessment and Penetration Testing A combined exercise that identifies security weaknesses and then attempts to exploit them under controlled conditions. Digital and Technology View full entry

Values and Attitudes Survey A survey measuring people's values, attitudes, beliefs or perceptions about selected issues. General View full entry

Video Analytics System A system that applies software analysis to video for detection, measurement or operational insights. Digital and Technology View full entry

Volleyball Association of Singapore Singapore’s national governing body for volleyball, responsible for developing the sport and supporting competitions and participation. Sport and Recreation View full entry

Variable Bonus A discretionary payment whose amount varies according to organisational, economic or individual performance. General View full entry

Value Content The proportion of a product’s value attributable to specified materials, processing or production activities. General View full entry

Variable Component A portion of pay or cost that may change according to performance, business conditions or other defined factors. General View full entry

Variable Capital Company Singapore corporate structure designed for investment funds and governed by the Variable Capital Companies Act. Finance and Economy View full entry

VWO-Charities Capability Fund A grant fund supporting governance, management and capability development in voluntary welfare organisations and charities. Charities and Volunteering View full entry

Virtual Design and Construction An integrated digital approach using models and project data to plan, coordinate and manage design and construction. Housing and Built Environment View full entry

Vulnerability Disclosure Programme A formal channel and process through which security researchers can report vulnerabilities responsibly for investigation and remediation. Digital and Technology View full entry

Vaccination-Differentiated Safe Management Measures COVID-19 measures that differentiated access or requirements according to vaccination status. Health Historical View full entry

Vehicle Entry Permit Permit and fee framework applying to foreign-registered vehicles entering or remaining in Singapore. Transport View full entry

A service for checking a person's identity in person using Singpass. Digital and Technology View full entry

Vehicular Emissions Scheme A vehicle scheme that applies rebates or surcharges according to emissions performance. Transport View full entry

Venezuelan Standard Time The national standard time used in Venezuela, at UTC-4. General View full entry

Value for Money The principle of achieving the best feasible public outcome from the resources used, considering cost, quality, risk and fitness for purpose. Finance and Economy View full entry

Virtual File Manager A digital tool for organising, retrieving, routing or managing electronic files and records. General View full entry

Vanguard Healthcare A public healthcare provider focused on eldercare, community care and related services. Health View full entry

Values in Action A school-based programme through which students contribute to the community while developing values, civic responsibility and practical skills. General View full entry

Virtual Intelligent Chat Assistant A conversational software assistant that uses automation or artificial intelligence to answer questions and guide users. General View full entry

Vaccine Injury Guide An unresolved label that may have been intended to refer to guidance for Singapore's Vaccine Injury Financial Assistance Programme; no official document with this exact name was established. Health View full entry

Vaccine Injury Panel An unresolved label that may refer to the independent clinical panel reviewing Vaccine Injury Financial Assistance Programme applications; MOH does not appear to use this exact panel name. Health View full entry

A permitted reallocation of funds between budget items or subheads within the applicable financial rules and authority limits. Finance and Economy View full entry

Visual Identity System A set of design rules and assets governing how an organisation’s brand appears across communications and products. Digital and Technology View full entry

Central Agency for Corporate Shared Services The Singapore Government's central agency providing corporate shared services such as human resources, finance and procurement support. Cross-government View full entry