| Validated Export License |
 A document issued by the government authorizing the export of commodities for which written export authorization is required by law. |
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| Valuation Charges |
| Charges assessed shippers who state a value of goods higher than the assumed value by the carrier. |
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| Valuation for Carriage |
| Carrier liability for goods upon acceptance from the shipper. A term on the international Air Waybill meaning declared value. |
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| Value for Customs |
| True value of goods being imported/exported between countries. A mandatory entry on the international Air Waybill. |
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| Volume Weight |
| The conversion of the cubic space of a shipment into pounds and an international term also meaning dimensional weight. |
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