value for money (VFM)


A buyer's perception of the goods or services that they receive. A consumer can attest to value for money when they feel that they have received an item that was worth the price that they paid for it. Several factors go into the consumers' decisions, including price, quality, and product or service suitability.

Use this term in a sentence

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
value dating value fund