The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: Finance

VEST

1. Confer right of legal ownership. 2. Confer legal authority, rights, power. 3. Designation of endowment of power, authority, rights.

VIRTUAL

1. General. Having the properties of a thing but being the thing. 2. Computing. An operation or feature appearing to exist but it does not.

VISUAL BASIC

Microsoft designed programming language interface allowing programmers to modify Basic Code.

VOTING AGREEMENT

Plan where 2 or more share holders combine voting shares and take part in decisions and choosing members of the board.

WALK IN

Term for a hotel guest arriving without a reservation.

WATERFALL PAYMENT

Loan repayment established by a debtor organization organizing payment sin levels of size and loan expense.

WEATHER

Hour by hour and day by day variations in conditions of atmosphere.

WICKETS

Check points that all process steps must pass through.

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