VAL meaning in Business ?

Answer:

What is Véhicule Automatique Léger mean?

Véhicule Automatique Léger (lit. 'automatic light vehicle') or VAL is a type of driverless (automated), rubber-tyred, medium-capacity rail transport system (people mover). The technology was developed at the Lille University of Science and Technology, was marketed by Matra, and first used in the early 1980s for the Lille Metro system, one of the world's first fully automated mass-transit rail networks, preceded only by the Port Island Line in Kobe, Japan. The VAL technology is now marketed by Siemens, which acquired Matra in the late 1990s.

A total of 11 lines in 8 systems based on the VAL technology are currently in operation worldwide. The current version of the VAL product is marketed as NeoVal (with a distinction between AirVal for airport environments and CityVal for more conventional transit environments).

The name is a backronym, with the first project to use the technology nicknamed VAL after the routing of the line: Villeneuve d'Ascq à Lille (lit. 'Villeneuve d'Ascq to Lille').

reference

Full Form	Category
Video Assisted Learning	Academic & Science
Vehicular Air Lock	Academic & Science
Value	Accounts and Finance
Valenca	Airport Code
Valirx	Business
Véhicule Automatique Léger	Business
Violator At Large	Business
Valspar Corporation	Business
Veterans Affairs Locator	Community
Value Voice Application Language	Computing
Validity Checks	Computing
Visual Studio Analyzer Event Log	Computing
Virtual Agent Language	Computing
Value Oriented Algorithmic Language	Computing
Values List	Computing
Validation	Computing
Vicar Arm Language	Computing
Victor's Assembly Language	Computing
Validity	Cryptocurrency
Vikings Finance	Cryptocurrency
SORA Validator Token	Cryptocurrency
Valkyrie Network	Cryptocurrency
Validity Checks and Referential Integrity ( Paradox for Windows)	File Type
Values List Object File (dbase Application Generator)	File Type
Vehicule Automatique Leger	General
Vehicle Availability Listing	General
Valiant	General
Vehicules Anciens du Loudunois	General
Valerie	General
Vigilantes Against Louts	General
Very Angry Llama	General
Voices For Animal Liberation	General
Virtual Avatar Lecturer	General
Video Associates Labs	General
Video Associates Lab	General
Value Added Logistics	General
Virtual Adumbrative Lineation	General
Japanese Aichi 99 Dive Bomber, W W I I	Governmental
Voice Action Line	Governmental
VADAL	Indian Railway Station
Virtual Augmented Laboratory	Medical
Naval Light Attack Squadron	Military and Defence
Japanese Aichi 99 Dive Bomber, World War I I	Military and Defence
Vulnerability Assessment Laboratory	Military and Defence
Valid	Space Science
Victorian Athletic League	Sports