Tag: time
Value Engineering
DefinitionValue engineering is a systematic method to improve the "value" of goods or products and services by using an examination of function. Value, as...
Vanilla Option
What is a 'Vanilla Option' A vanilla option is a financial instrument that gives the holder the right, but not the obligation,...
Variable Life Insurance Policy
What is a 'Variable Life Insurance Policy' A variable life insurance policy is a form of permanent life insurance. Variable life insurance provides...
Value At Risk (VaR)
What is 'Value At Risk - VaR' Value at risk (VaR) is a statistical technique used to measure and quantify the level...
Variance
What is 'Variance' Variance is a measurement of the spread between numbers in a data set. The variance measures how far each...
Vanishing Premium Policy
What is 'Vanishing Premium Policy' A vanishing premium policy is a form of participating whole life insurance where the policyholder can use...
Velocity Of Money
DefinitionThe term "velocity of money" refers to how fast money passes from one holder to the next. It can refer to the income velocity...
Variable Benefit Plan
What is 'Variable Benefit Plan' A type of retirement plan in which the payout changes depending on how well the plan's investments...
Value Added Monthly Index (VAMI)
What is 'Value Added Monthly Index - VAMI' An index that tracks the monthly performance of a hypothetical $1000 investment. ...
Valuation Reserve
What is 'Valuation Reserve' The funds set aside by life insurers as required by state law to compensate for declines in the...