VP
A 'VP' might be your boss, your colleague, or, for those select few, your subordinate. However, according to Boeing Library Service's acronym search, a veep could be many more things:

Vacuum Pump
Validation Phase
Vapor Pressure
Vaporize
Variable Pitch
Vent Pipe
Verb Phrase
Verstell Propeller
Vertical Planning
Vertical Polarization
Video Processor
View Processor
Virtual President
Vulnerable Point