Tag: rates

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

What is a Variable-Rate Certificate of Deposit (VRCD)? A variable-rate certificate of deposit (VRCD) is a type of investment account that offers a variable interest...

What is 'Variable Rate Demand Bond' A bond with floating coupon payments that are adjusted at specific intervals. The bond is payable...

What is 'Variable Rate Demand Note - VRDN' A debt instrument that represents borrowed funds that are payable on demand and accrue...

What is 'Vanishing Premium Policy' A vanishing premium policy is a form of participating whole life insurance where the policyholder can use...

What is 'Valuation Reserve' The funds set aside by life insurers as required by state law to compensate for declines in the...

What is 'Variable Price Limit' A schedule of price variations above or below the accepted limits determined by the commodities exchanges for...

Definition A variance swap is an over-the-counter financial derivative that allows one to speculate on or hedge risks associated with the magnitude of movement, i.e....

What is a 'Variable Interest Rate' A variable interest rate is an interest rate on a loan or security that fluctuates over...

What is 'Federal Credit Union - FCU' A credit union chartered and supervised by the National Credit Union Association (NCUA), a federal...