VEF definition

VEF means the speed at which the critical engine is assumed to fail during take-off;
VEF means Vessel experience factor, always qualified and consistent with current API standards.
VEF means Vessel experience factor;

Examples of VEF in a sentence

  • If shore tanks are active at loading, quantity shall be determined by Vessel figures (i.e., closing ullages less OBQ adjusted by VEF).

  • Such VEF shall be determined in accordance with the latest API standards.

  • GMI is prohibited from conducting business with the following entities (“Section 311 entities”): Banco Delta Asia; VEF Banka; Commercial Bank of Syria; Syrian Lebanese Commercial Bank; Myanmar Mayflower Bank; Asia Wealth Bank; Any Burmese banking institution, including foreign branches; and any subsidiaries of the above entities.

  • Such VEF shall be determined in accordance with the latest standards of API.

  • In case the same is more than 0.3% (both positive as well as negative), ship receipt figure with VEF will be considered as BL figure.


More Definitions of VEF

VEF means the vessel experience factor.
VEF means the speed at which the critical engine is assumed to fail during take-off; (124a) ‘visibility (VIS)’ means visibility for aeronautical purposes, which is the greater of:
VEF means the ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Value Equity Fund, both when it was a separate account strategy and following its conversion into a collective investment trust.
VEF means the lawful currency for the time being of Venezuela.
VEF means vessel experience factor calculated in accordance with standard industry practice. “Vessel” means Tankers, Inland Barges and Ocean-Going Barges.
VEF means vessel experience factor calculated in accordance with standard industry practice.
VEF means VEF AB (publ), a public limited liability company under the laws of Sweden having registration number 559288-0362 and having its office at Mäster Samuelsgatan 1, 111 44 Stockholm, Sweden.