What is 'Variable Universal Life Insurance - VUL' Variable universal life insurance (VUL) is a form of cash-value life insurance that offers both a death benefit and an investment feature. The premium amount for variable universal life...
What is 'Variable Ratio Write' An option strategy in which an investor holds a long position in the underlying asset and writes multiple call options at varying strike prices. Variable ratio writes have limited profit...
What is a 'Value Fund' A value fund is a stock mutual fund that primarily holds stocks that are deemed to be undervalued in price and that are likely to pay dividends. Value funds are one of...
DefinitionVantageScore is a consumer credit-scoring model, created through a joint venture of the three major credit bureaus. The model is managed and maintained by an independent company, VantageScore Solutions, LLC, that was formed in 2006 and is jointly owned...
What is 'Vandalism Endorsement' An optional type of coverage that can be added to a basic hazard or property and casualty insurance policy to provide remuneration to the policy holder if his or her property is intentionally...
What is 'Variable Cost-Plus Pricing' Variable cost-plus pricing is a pricing method in which the selling price is established by adding a markup to total variable costs. The expectation is that the markup will contribute to meeting...
What is 'Vendor Note' A type of debt instrument used in a particular type of short-term loan agreement in which the seller of goods or merchandise sells them to the buyer, but also provides financing for the...
Vanishing Premium What is 'Vanishing Premium ' A type of periodic fee, paid in exchange for an insurance policy, that eventually disappears because the investment return earned by the cash value of the policy is sufficient...
What is a 'Variable Interest Entity - VIE' According to the Financial Accounting Standards Board (FASB) in the United States, a variable interest entity (VIE) is an entity in which an investor has a controlling interest, but this controlling interest...
What is 'Value Network Analysis' The analysis of the members and the interactions of these members within a value network. Value network analysis is usually done through visualizing the relationships using a chart or web. The participants...