What Does VFM Mean in a Text?
The Quick Answer
VFM means "Value for Money."More Observations...
It is an abbreviation used to label something which is considered worth the money spent to purchase it. In the service industry, the phrase VFM is commonly used to describe a business's overall performance when a client is getting good "value for money" from a contract.Image for VFM
When I write VFM, I mean this:
VFM (Value For Money) means something is worth what it costs.
Summary of Key Points
"Value for Money" is, by far, the most common meaning for VFM when it is used in a text. (Bear in mind that it could have another meaning if used in a different context.)VFM | |
---|---|
Definition: | Value for Money |
Type: | Abbreviation |
Guessability: | 2: Quite easy to guess |
Typical Users: | Adults and Teenagers |
Examples of VFM in Sentences
Here are examples of VFM in conversations:- Mo: I paid £15 for a beer in a club last night!
- Joe: I'm not sure I'd call that good VFM!
- Tim: The marketing department has increased revenue by $1.5m this quarter.
- Richard: That is good VFM when you consider what it costs to run.
An Academic Look at VFM
VFM is an initialism abbreviation. This means it is pronounced using its individual letters (i.e., Vee Ef Em), but as this is no easier to say than "Value for money," it is not often spoken using its letters. In other words, the abbreviation VFM is for efficiency in writing and not efficiency in speech.Example of VFM Used in a Text
VFM
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LGTM (Looks Good To Me)
NBG (Nasty But Good)
Using the currency symbols
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