"Vertical Reciprocating Conveyor"
http://www.cisco-eagle.com/systems/conveyors/Vertical Reciprocating Conveyors/Index.htm
I pulled up ANSI B20.1 and got the following definitions, regarding what defines a VRC.
conveyor: a horizontal, inclined, or vertical device for
moving or transporting bulk material, packages, or
objects in a path predetermined by the design of the
device and having points of loading and discharge, fixed
or selective. Included are skip hoists and vertical reciprocating
and inclined reciprocating conveyors. Typical
exceptions are those devices known as industrial trucks,
tractors, trailers, tiering machines (except pallet load
tierers), cranes, hoists, power shovels, power scoops,
bucket drag lines, trenchers, platform elevators designed
to carry passengers or an operator, manlifts, moving walks,
moving stairways (escalators), highway or railway
vehicles, cableways, tramways, dumbwaiters, pneumatic
conveyors, robots, or integral machine transfer
devices.
conveyor, vertical reciprocating: a reciprocating power- or
gravity-actuated unit (not designed to carry passengers
or an operator) that receives objects on a carrier and
transmits these objects vertically between two or more
levels.
They then go into various safety standards regarding guarding, and anti-runaway devices, interlock doors, as well as limit switches.
From reading the rest of B20.1, it seems like the major differenticator between an elevator and a VRC is "not designed to carry people", and there are no controls to operate the VRC inside the carriage. They are not specific about why a dumbwaiter doesn't qualify, but they do say dumbwaiters are excluded.