Compensation & pay
Qualifying volume (QV)
Volume that counts towards rank or activity requirements but not necessarily towards pay.
Also: QV
Some plans keep two ledgers: qualifying volume decides whether you are active or reach a rank, while business volume decides what you are paid. The two can differ by product, by market and by whether the buyer is a customer or a participant.
If a plan uses QV, a participant can be "qualified" for a rank while the payable volume behind it is small.