Worth of the property part which is left subsequent to a condemnation action.
Value before the taking
Market price of all the property prior to a condemnation proceeding.
Value in exchange
The giving of money, goods or services in exchange for another good or service provided by another party.
Value in use
Discounted value of net cash to be obtained from a property calculated by consideration of annual cash inflows plus the disposal value.
Valve
One of a variety of devices used to control the flow of liquid or gas in a system.
Valve dressing
Resurfacing a worn valve seat with a special tool. Stops leaks by providing a smooth sealing surface. Applies only to older compression style faucets.
Valve seat
The non-moving part of a valve. Water flow is stopped when the moveable portion of the valve comes in contact with the valve seat.
Valve seat wrench
Hexagonal end wrench inserted into the hexagonal opening in a valve seat for installing or removal.
Valves
Components inserted into air ducts or devices which permit modification of the air resistance of the system and consequently a complete shut-off of the air flow (control valves).
Vanishing point
The point in a perspective drawing where horizontal lines converge.
