The term "VP" stands for "Vice President," a title commonly used in various organizations, including corporations and governments. A VP typically serves as a senior executive who assists the President or CEO in managing the organization. Their responsibilities often include overseeing specific departments, making strategic decisions, and representing the company in meetings and events. In a governmental context, the Vice President is the second-highest official in the executive branch, directly supporting the President of a country. The VP may step in to fulfill the President's duties if they are unable to perform their role, and they often play a key role in legislative matters and diplomatic relations.