Glossary | V
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Value-Oriented stock funds: Invest in companies that are considered to be value stocks. Value stocks usually have above-average price/earnings multiples and low price-to-book ratios and have higher than average dividend payments in relation to price. Value stocks are often referred to as being undervalued in the current market.
Variable Annuity: Life insurance annuity contract whose value and payout fluctuates with that of an underlying securities portfolio or other index of performance.
Vested: Employee ownership of retirement savings.
Vesting: Right an employee gradually acquires, by length of service at a company, to receive employer-contributed benefits such as payments to a pension fund or profit-sharing plan.
Volume: Total number of stock shares, bonds or commodities traded in a particular period and reported daily.
Voting Right: Stockholder's right to vote in the affairs of the corporation