Personal Finance terms starting with V

24 terms

  1. Validity Edits The specified data are reported incorrectly and must be corrected. The most common example is incorrect census tracts.
  2. valuation Valuation is the process of estimating the value, or worth, of an asset or investment.
  3. 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…
  4. 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…
  5. Value Line Composite Index Value Line, an independent investment research service, tracks the performance of approximately 1,700 common stocks in its composite index.
  6. Value Line, Inc. Value Line is an investment research company that provides detailed analysis on a range of stocks, mutual funds, and convertible investments.
  7. 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…
  8. Variable annuity A variable annuity is an insurance company product designed to allow you to accumulate retirement savings.
  9. 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.
  10. Variable Rate Any interest rate or dividend that changes on a periodic basis.
  11. Variable-rate APR An APR that may change depending on other factors, such as the prime rate or Treasury bill rate.
  12. Variable-Rate Loans See Adjustable Rate Loans
  13. 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…
  14. vertical equity The concept that people in different income groups should pay different rates of taxes or different percentages of their incomes as taxes.
  15. 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…
  16. 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…
  17. 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…
  18. 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…
  19. Volatility The term volatility indicates how much and how quickly the value of an investment, market, or market sector changes.
  20. 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.
  21. 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…
  22. 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…
  23. 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…
  24. Vulture fund Like the scavenging bird of prey that lends its name to the fund, a vulture fund seeks out depressed or endangered investments.