V

Valuation Allowance - Method of lowering or raising an "s CURRENT VALUE by adjusting its acquisition cost to reflect its market value by use of a CONTRA ACCOUNT.

Variable Rate Loan - Loan whose interest rate changes over its life in relation to the level of an index.

Variance - Deviation or difference between an estimated value and the actual value.

Venture Capital - Investment company whose primary ive is capital growth. New ASSETS invested largely in companies that are developing new ideas, products, or processes.

Vesting - Point at which certain benefits available to an employee are no longer contingent on the employee continuing to work for the employer.