Tag: bank
Quality Spread Differential (QSD)
What is 'Quality Spread Differential - QSD'
The term 'quality spread differential', or QSD, refers to the difference between the price of a low-quality commodity...
Variable-Rate Certificate Of Deposit
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...
Vendor Financing
Definition
Vendor finance is a form of lending in which a company lends money to be used by the borrower to buy the vendor's products...
Variable Rate Demand Bond
What is 'Variable Rate Demand Bond' A bond with floating coupon payments that are adjusted at specific intervals. The bond is payable...
Vault Receipt
What is 'Vault Receipt' A document frequently used as a delivery instrument to indicate ownership of precious metals stored in a bank,...
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...
Variable Prepaid Forward Contracts
What is 'Variable Prepaid Forward Contracts' An agreement to give a predetermined number of shares to a brokerage firm, with the stipulation...
Valuation Reserve
What is 'Valuation Reserve' The funds set aside by life insurers as required by state law to compensate for declines in the...
Vega
What is 'Vega' Vega is the measurement of an option's sensitivity to changes in the volatility of the underlying asset. Vega represents...
Value Deflation
What is value deflation and how does it work
Value deflation occurs when the prices of goods and services decrease. This can happen when there...