A vice president (in British English: vice-president for governments and
director for businesses) is an officer in government or business who is below a president (managing director) in rank. It can also refer to executive vice presidents, signifying that the vice president is on the executive branch of the government, university or company. The name comes from the Latin vice meaning "in place of".[1] In some countries, the vice president is called the deputy president. In everyday speech, the abbreviation VP can be used.