Noun
VED (uncountable)
(UK) Abbreviation of vehicle excise duty.
Any vehicle costing over £40,000, regardless of CO2 emissions, will also incur additional VED charges of £310 per annum from years two to six. Source: Internet
Fraser Cohen, Managing Director of Glyn Hopkin said, “People thinking about buying a new car, truck or van have less than a week left to beat the impending VED changes. Source: Internet