AOV definition

AOV means average order value, which, for any period, represents the sum of DTC net revenues divided by the total orders placed in that period;

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AOV means the quotient of (a) the GMV for any given Contract Year; and (b) the number of Transactions during the same Contract Year.

AOV. : AOV means average order value, which we calculate as revenue divided by the number of orders.

Examples of AOV in a sentence

• For instance, the tiers of Merchant Fees for High AOV are set forth in the High AOV Program.

• For instance, the Shopify Fee for the High AOV Product offered via the POS Product, are as set forth in the High AOV Program Outline.

• Merchant underwriting and AML/OFAC screening shall be conducted in accordance with the Financial Product being offered as set forth in the Low AOV Program Outline or the High AOV Program Outline, as applicable.

• If the audit shows that payments made by Customer are deficient and/or the actual GMV is higher than the GMV threshold and/or the actual AOV is lower than the AOV threshold, Magento may adjust the Subscription Fees in accordance with Section 5.1(a).

• Customer acknowledges and agrees that Magento has the right to access relevant data stored on the Services and Account to assess and calculate GMV and AOV based on Customer’s use of the Services across all Sites; and (b) Customer shall not interfere in any way with Magento’s right, access, and/or assessment and calculation of such data.

• Author’s Original Version (Preprint) (AOV) - the pre-review manuscript that is submitted to a journal, or any earlier draft.

• Customer acknowledges and agrees that the Subscription Fees specified in the Order Form are based on the GMV and AOV thresholds provided by Customer, and are as set forth on the Order Form and further that the Subscription Fees may be subject to adjustments into higher Subscription Fee tiers if the actual GMV is higher than the GMV threshold.

• The premium AOV payments to the Collector of Direct Taxes must take place together with the wage tax payments and with the filing of the wage tax return.

• For instance, if a Merchant is offering the Low AOV via the SPC Product, then the Payouts to Eligible Merchants will be as set forth in the Low AOV Program Outline.

• The actual retirement date must not be earlier than five years before the entitlement to AOV starts and also not before the moment at which the recalculated surviving dependant's pension, with observance of paragraph 4, possibly reduced with special surviving dependant's pension, is zero.

More Definitions of AOV

AOV means act of violence.

AOV means average order value, measured by dividing our GMV for a period by the number of transactions conducted on our network in that period.