Super Finance Glossary

Finance

Over 10,000 financial glossary terms...

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Browsing by the letter "V"

Displaying next 80 results of 116
Vertical Analysis
Definition: Dividing each expense item in the income statement of a given year by net sales to identify expense items that rise more quickly or more slowly than a change in sales.
Vertical Equity
Definition: The concept that people in different income groups should pay different rates of taxes or different percentages of their incomes as taxes. "Unequals should be taxed unequally."
Vertical Line Charting
Definition: A form of technical charting that shows the high, low, and closing prices of a stock or a market on each day on one vertical line with the closing price indicated by a short horizontal mark.
Vertical Merger
Definition: When one firm acquires another firm that is in the same industry but at another stage in the production cycle. For example, the firm being acquired serves as a supplier to the firm doing the acquiring.
Vertical Spread
Definition: Simultaneous purchase and sale of two options that differ only in their exercise price. See: Horizontal spread.
Vessel
Definition: A conveyance for the transport of goods by water.
Vest
Definition: Become applicable or exercisable. A term mainly used on the context of employee stock ownership or option programs. Employees might be given equity in a firm but they must stay with the firm for a number of years before they are entitled to the full equity. This is a vesting provision. It provides incentive for the employee to perform.
Vested
Definition: See: Vesting
Vesting
Definition: Nonforfeitable ownership (or partial ownership) by an employee of the retirement account balances or benefits contributed on the employees behalf by an employer. The Tax Reform Act of 1986 established minimum vesting rights for employees based on their years of service—full vesting in five years or 20% vesting per year starting by the end of the third year.
Vesting Schedule
Definition: Schedule setting forth when, and to what extent, options become exercisable or restricted stock or stock units are no longer subject to forfeiture (for example, 20% per year over five years).
Veterans Administration (VA) Mortgage
Definition: A home mortgage loan granted by a lending institution to U.S. veterans and guaranteed by the Veterans Administration.
Veterans Administration (VA)/Veterans Affairs
Definition: An agency of the federal government that provides services for eligible veterans. See also "VA mortgage loan."
VG
Definition: The two-character ISO 3166 country code for VIRGIN ISLANDS, BRITISH.
VI
Definition: The two-character ISO 3166 country code for VIRGIN ISLANDS, U.S..
Vienna Convention
Definition: Common name for the United Nations Convention on Contracts for the International Sale of Goods. They are a body of law governing the international sale of goods between parties domiciled in member countries.
Vienna Stock Exchange (VSX)
Definition: One of the world's oldest exchanges, which accounts for approximately 50% of Austrian stock transactions; the balance are traded OTC.
Vignette
Definition: A symbol or pictorial representation of the corporation on a stock certificate. Usually a complicated and artistic design, it is meant to make the counterfeiting of stock certificates as difficult as possible.
Virtual Currency Option
Definition: A new option contract introduced by the PHLX in 1994 that is settled in US dollars rather than in the underlying currency. These options are also called 3-Ds (dollar-denominated delivery).
Visible Supply
Definition: New muni bond issues scheduled to come to market within the next 30 days.
VIX
Definition: The implied volatility on the S&P 100 (OEX) option. This volatility is meant to be a forward looking volatility. It is calculated from both calls and puts that are near the money. The VIX is a popular measure of market risk.
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