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    Financial Dictionary

    Dictionary Home The Language of Money - Edna Carew
    A B C D E F G H I J K L M N O P Q R S T U V W X Y Z



    Value at risk
     
    The expected loss from an adverse market movement over a specified period, estimated using ...  
    Value date
     
    The date on which payment is to be made to settle a transaction. A spot transaction organised ...  
    Value today
     
    Same-day value.  
    Value tomorrow
     
    Value next business day.  
    Value-added tax
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    An indirect consumption tax which is levied on goods at every stage of manufacture and handling. ...  
    Vanilla product
     
    A straightforward financial instrument, such as a standard fixed-interest product with no ...  
    Variable deposit requirement
     
    A monetary control rule introduced by the Australian government in 1972, under which a proportion ...  
    Variable volume option
     
    An option written over more than one asset. If an aluminium producer wants to cover currency ...  
    Variable-rate mortgage
     
    A home loan structured with an interest rate that varies in line with money-market rates or ...  
    Variation margin
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    See also: margin call.

     
    VDR
     
    Abbrev. variable deposit requirement.  
    Vega
     
    The rate at which the price of an option changes in relation to a small change in the volatility ...  
    Velocity of circulation
     
    The speed at which money changes hands more than once. It is regarded as an important economic ...  
    Venture capital
     
    In many countries, investment in private equity with the aim of reaping capital gains, with ...  
    Vernon Report (Committee of Economic Inquiry)
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    A report published in 1965 following an inquiry into Australia's postwar development and ways ...  
    Vertical spread
     

    See also: option spread.

     
    Vest
     
    To confer on a person a right of authority or possession of property. In superannuation terminology, ...  
    Virgin bond
     

    See also: back bond.

     
    Virgin market
     
    A population, usually in an emerging economy, which has not been exposed to consumer products. ...  
    Visible trade
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    The stuff you can

    See also: and touch: tangible exports and imports such as cars, wine, ...

     
    Volatility
     
    Erratic, mercurial change. A volatile market experiences unpredictable price fluctuations. ...  
    Voluntary liquidation
     
    A situation where shareholders agree to dissolve a company, as distinct from a situation where ...  
    Vostro account
     
    The counterpart to nostro account; vostro (Latin, 'yours') describes the record of an account ...  
    VRM
     
    Abbrev. variable rate mortgage.