Terms Starting with V
- Vanguard Credit Union — Company, Manitoba, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Vanilla Shell Improvements (VSI) — Acronym,
- Improvements made to a residential or commercial building resulting in a minimally finished interior.
- Vanishing Premium Policy — Definition,
- A life insurance policy where policy dividends are used to pay the policy's premiums.
- VantageOne Credit Union — Company, British Columbia, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Variable Adjustable Life Insurance (VAL) — Acronym,
- Variable Annuity (VA) — Acronym,
- An annuity where the payments received by the annuitant in the income phase of the annuity vary depending on how well the insurer's investment portfolio has performed.
- Variable Annuity Guaranteed Living Benefits (VAGLB) — Acronym,
- Variable Death Benefit — Definition,
- A life insurance death benefit that differs depending on how well the insurance company's investment portfolio fares.
- Variable Direct Debit (VDD) — Acronym,
- Variable Interest Mortgage — Definition, Important,
- A loan where the interest rate may vary during the term of the mortgage. The variance is usually tied to some specific factor such as prime bank rate or the guaranteed investment certificate rate for a designated lender.
- Variable Interest Rate — Definition,
- Percentage that a borrower pays for the use of money, and which moves up or down periodically based on changes in other interest rates.
- Variable Life (VL) — Acronym,
- Life insurance that provides the policyholder the option to place some of his or her premiums into the insurer's investment portfolio, providing beneficiaries with a variable death benefit.
➥ An insurance policy. - Variable Life Insurance (VLI) — Acronym,
- Life insurance that provides the policyholder the option to place some of his or her premiums into the insurer's investment portfolio, providing beneficiaries with a variable death benefit.
- Variable Payment Life Annuity (VPLA) — Acronym, British Columbia, Canada,
- Variable Rate — Definition,
- A floating percentage value that fluctuates based on certain conditions.
- Variable Rate Demand Note (VRDN) — Acronym,
- A request or demand made by a lender to pay back borrowed funds and any accrued interest at the current money market rate.
➥ A debt instrument that represents borrowed funds. - Variable Rate Mortgage (VRM) — Acronym, Very Important,
- Home loan in which the interest rate is changed periodically based on a standard financial index. Also called an "Adjustable-rate Mortgage."
➥ A type of mortgage loan offered by brokers and lenders. - Variable Rate Mortgage Backed Securities (VRMBS) — Acronym, Canada,
- Variable Rate Note (VRN) — Acronym, United States, ➥ A US term.
- Variable Universal Life Insurance (VULI) — Acronym, Important,
- A form of life insurance with adjustable premiums, flexible investment options, and tax efficiency.
- Variable Whole Life (VWL) — Acronym, Very Important,
- Variable-Payment Mortgage (VPM) — Acronym,
- Vehicle Service Contract (VSC) — Acronym,
- Vehicles Safety Information Model (VSIM) — Acronym,
- Vendor — Definition,
- The seller of a property.
- Vendor Take Back — Definition,
- Where the seller of the property provides all or some of the financing in order to sell the property.
- Venture Capital (VC) — Acronym,
- Financial capital given to startup companies.
- Verbal Verification of Employment (VVOE) — Acronym,
- Verification of Deposit (VOD) — Acronym,
- Verification of Employment (VOE) — Acronym, Important,
- Confirmation that a loan applicant is telling the truth about where he or she works and how much he or she makes.
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Vanguard Credit Union -
VantageOne Credit Union
VantageOne Credit Union
