| Variable Rate |
The rate of interest charged is not fixed, but varies as general interest rates rise and fall. |
| Variable Rate Mortgages |
A mortgage in which the interest rate varies as general interest rates rise and fall for the term of the loan. |
| Venture Capital |
A type of private equity capital provided by third-party professional investors to new and growing businesses in exchange for shares in the company. A venture capitalist is a person who makes such investments. |
| Volatility |
A statistical measure of a market's price movements over time; in general, the greater the volatility, the higher the risk. |
| Will |
A legal document or decree indicating your wishes regarding the disposal of your property upon death. |
| Yield |
The rate of a return from an investment; a percentage that measures the cash returns. |
| Zero Dividend Preference Share |
A share which isn't entitled to any periodic divident, but gets a fixed lump sum payment upon redemption. |
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