Business terms starting with V

42 terms

VA (Department of Veterans Affairs) A federal agency, which guarantees loans made to veterans; similar to mortgage insurance, a loan guarantee protects lenders against loss that may result…
VA (Veterans Affairs, U.S. Department of) A federal government agency that provides benefits to veterans and their dependents, including health care, educational assistance, financial assistance…
VA Guaranteed Loan A mortgage loan that is guaranteed by the U.S. Department of Veterans Affairs (VA).
VA loan See: Veterans Administration.
VA Mortgage A mortgage guaranteed by the Department of Veterans Affairs (VA).
VA mortgage loan A form of mortgage insurance. Housing loans to veterans by banks, savings and loans, or other lenders are guaranteed by the U.S.
Validity Edits The specified data are reported incorrectly and must be corrected. The most common example is incorrect census tracts.
Validity of certified labor condition applications A labor condition application which has been certified by OFLC shall be valid for the period of employment indicated on Form ETA 9035 by the authorized…
valuation Valuation is the process of estimating the value, or worth, of an asset or investment.
Value In determining the monetary equivalent for assets and gifts, value is a good faith estimate of the fair market value if the exact value is neither known…
Value added The gross output of an industry or a sector less its intermediate inputs; the contribution of an industry or sector to gross domestic product (GDP).
Value fund When a mutual fund manager buys primarily undervalued stocks for the fund's portfolio with the expectation that these stocks will increase in price, that…
Value Line Composite Index Value Line, an independent investment research service, tracks the performance of approximately 1,700 common stocks in its composite index.
Value Line, Inc. Value Line is an investment research company that provides detailed analysis on a range of stocks, mutual funds, and convertible investments.
Value stock Value stocks, also known as undervalued stocks, trade at a lower price than the company's reputation, earnings outlook, or financial situation would seem…
Variable annuity A variable annuity is an insurance company product designed to allow you to accumulate retirement savings.
Variable Expenses Costs or payments that may vary from month to month, for example, gasoline or food.
Variable interest rate An amount of compensation to a lender rate that is allowed to vary over the maturity of a loan. The amount of variation is generally governed by an index.
Variable Life Insurance Life insurance under which the benefits relate to the value of assets behind the contract at the time the benefit is paid.
Variable maturity mortgage A long-term mortgage loan under which the interest rate may be adjusted periodically.
Variable payment plan Any mortgage repayment schedule that provides for periodic change in the amount of monthly payments.
Variable Rate Any interest rate or dividend that changes on a periodic basis.
Variable rate mortgage (VRM) See: adjustable rate mortgage.
Variable-rate APR An APR that may change depending on other factors, such as the prime rate or Treasury bill rate.
Variable-Rate Loans See Adjustable Rate Loans
Variance A special exemption of a zoning law to allow the property to be used in a manner different from an existing law.
Venture capital (VC) Venture capital is financing provided by wealthy independent investors, banks, and partnerships to help new businesses get started, reach the next level…
vertical equity The concept that people in different income groups should pay different rates of taxes or different percentages of their incomes as taxes.
Vested A point in time when you may withdraw funds from an investment account, such as a retirement account, without penalty.
Vested Interest The concept of a vested interest is extremely important--if an interest is not vested, a filer need not report it and will not have a financial interest…
Vesting If you are part of an employer pension plan or participate in an employer sponsored retirement plan, such as a 401(k), you become fully vested - or…
Veterans Administration (VA) The federal agency responsible for the VA loan guaranty program as well as other services for eligible veterans.
Viatical settlement Technically speaking, a viatical settlement occurs when the holder of a life insurance policy sells the policy to a third party before the original owner…
Virtual bank A virtual bank offers some or all of the same types of accounts and services that traditional bricks-and-mortar banks do, but virtual banks exist only…
Volatility The term volatility indicates how much and how quickly the value of an investment, market, or market sector changes.
Volume Volume is the number of shares traded in a company's stock or in an entire market over a specified period, typically a day.
voluntary compliance A system of compliance that relies on individual citizens to report their income freely and voluntarily, calculate their tax liability correctly, and file…
Volunteer Income Tax Assistance (VITA) This provides free income tax return preparation for certain taxpayers. The VITA program assists taxpayers who have limited or moderate incomes, have…
Volute A carved spiral form in classical architecture; often used in pairs as in the capitals of Ionic columns.
Voting right Investors who own shares of a common stock or shares in a mutual fund typically have voting rights, which allow them to participate in the election of…
Voussoir A wedge-shaped component of an arch.
Vulture fund Like the scavenging bird of prey that lends its name to the fund, a vulture fund seeks out depressed or endangered investments.