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Quantity Theory Of Money

DefinitionIn monetary economics, the quantity theory of money states that the general price level of goods and services is directly proportional to the amount...
qualified mortgage insurance premium

Qualified Mortgage Insurance Premium

What is a Qualified Mortgage Insurance Premium A qualified mortgage insurance premium (MIP) is a type of mortgage insurance that homebuyers are required to purchase...

Qualified Foreign Institutional Investor – QFII

DefinitionThe Qualified Foreign Institutional Investor program, one of the first efforts to internationalize the RMB, represents China's effort to allow, on a selective basis,...

Qualified Distribution

What is a 'Qualified Distribution' Distributions made from a Roth IRA that are tax and penalty free. In order to be a...

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...

Value Fund

What is a 'Value Fund' A value fund is a stock mutual fund that primarily holds stocks that are deemed to be...

Variable Universal Life Insurance (VUL)

What is 'Variable Universal Life Insurance - VUL' Variable universal life insurance (VUL) is a form of cash-value life insurance that offers...

Variable Death Benefit

What is 'Variable Death Benefit' The amount paid to a decedent's beneficiary that is dependent on the performance of an investment account...

Vasicek Interest Rate Model

What is 'Vasicek Interest Rate Model' A method of modeling interest rate movement that describes the movement of an interest rate as...

Variable Rate Mortgage

DefinitionA variable-rate mortgage, adjustable-rate mortgage, or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an...