VantageScore
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...
Vandalism Endorsement
What is 'Vandalism Endorsement' An optional type of coverage that can be added to a basic hazard or property and casualty insurance...
Variable Cost-Plus Pricing
What is 'Variable Cost-Plus Pricing' Variable cost-plus pricing is a pricing method in which the selling price is established by adding a...
Vendor Note
What is 'Vendor Note' A type of debt instrument used in a particular type of short-term loan agreement in which the seller...
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...