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Business Dictionary :
Volume, Voluntary and Voluntarily
Volume, Voluntary and Voluntarily
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Volume : noun : quantity of items
Volume Discount = discount given to customer who buys a large quantity of goods
Volume of Output = number of items produced
Volume of Sales or Sales Volume = number of items sold
High Volume of Sales = large number of items sold
Low Volume of Sales = small number of items sold
Volume of Trade or Volume of Business = number of items sold or number of shares sold on the Stock Exchange during a day's trading
• The company has maintained the same volume of business in spite of the recession.
Voluntary : adjective :
(a) done without being forced
Voluntary Liquidation = situation where a company itself decides it must close and sell its assets
Voluntary Redundancy = situation where a worker asks to be made redundant
(b) done without being paid
Voluntary Organization = organization which has no paid staff
Voluntarily : adverb : without being forced or paid
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