Vat - Value added tax.
Variation - An agreed or a unilateral variation to a contract.
Vicarious liability - Legal principle where an employer is held liable for the action of an employee whilst at work.
Victimisation - Detriment (including dismissal) against someone who is attempting to enforce a right not to suffer discrimination. This can be either against the person who is trying to enforce the right, or anyone who is supporting this person, for example; a witness.