Vanishing Premium

Vanishing Premium What is 'Vanishing Premium ' A type of periodic fee, paid in exchange for an insurance policy, that eventually...

Variable Interest Entity (VIE)

What is a 'Variable Interest Entity - VIE' According to the Financial Accounting Standards Board (FASB) in the United States, a variable interest entity (VIE)...

Value Network Analysis

What is 'Value Network Analysis' The analysis of the members and the interactions of these members within a value network. Value network...

Variance Inflation Factor

DefinitionIn statistics, the variance inflation factor is the ratio of variance in a model with multiple terms, divided by the variance of a model...

Valued Policy Law (VPL)

Valued Policy Law (VPL) What is 'Valued Policy Law - VPL' A statute that requires insurance companies to pay the full value...

Vendor

DefinitionIn a supply chain, a vendor, or a seller, is an enterprise that contributes goods or services. Generally, a supply chain vendor manufactures inventory/stock...

Venn Diagram

DefinitionA Venn diagram is a diagram that shows all possible logical relations between a finite collection of different sets. These diagrams depict elements as...

Valuation Premium

What is 'Valuation Premium' The rate set by a life insurance company based on the value of the company's policy reserves. The...
variable annuity

Variable Annuity

What is a Variable Annuity A variable annuity is a type of investment that offers the potential for tax-deferred growth and a death benefit. With...

Variability

What is 'Variability' Variability is the extent to which data points in a statistical distribution or data set diverge from the average,...