Investopedia

Value-Added Network - VAN

Dictionary Says

Definition of 'Value-Added Network - VAN'

A private network used by a company primarily for routing, storing and delivering electronic data interchange (EDI) messages. A value-added network (VAN) also provides other services such as message encryption, retransmission and support. VANs may be operated by large companies for efficient supply chain management with their suppliers, or by industry consortiums and telecom providers.
Investopedia Says

Investopedia explains 'Value-Added Network - VAN'

The emergence and expansion of the internet has lessened the attraction of VANs, largely due to cost considerations. Some VANs have staved off the challenge from the internet by focusing on specific industry sectors, such as healthcare and manufacturing.

Articles Of Interest

  1. No results found.
comments powered by Disqus
Marketplace
Hot Definitions
  1. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.
  2. Cost-Push Inflation

    A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.
  3. Happiness Economics

    The formal academic study of the relationship between individual satisfaction and economic issues, such as employment and wealth.
  4. Affluenza

    A social condition arising from the desire to be more wealthy, successful or to "keep up with the Joneses." Affluenza is symptomatic of a culture that holds up financial success as one of the highest achievements.
  5. Icarus Factor

    The term Icarus factor describes a situation where managers or executives initiate an overly ambitious project which then fails. Fueled by excitement for the project, the executives are unable to reign in their misguided enthusiasm before it is too late to avoid the failure.
  6. Angelina Jolie Stock Index

    An index made up of a selection of stocks from companies associated with actress Angela Jolie.
Trading Center