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

Category: Finance

VALUE PROPOSITION

Analysis of gods and services offered to a company’s customers for payment.

VAPOR

Gaseous form of a solid or liquid.

VECTOR

Set of numbers or elements arranged in a table as rows and columns.

VESTED COMMISSIONS

Agent commissions even if he no longer works for the insurer that come from renewal of business.

VICTIM

Person harmed by criminal acts, attack target.

VISAED

Verified document by consul of one country in another country.

WALLET

Apparel used to organize cash, credit cards and other small items important for daily use.

WASHINGTON MUTUAL

One of the USA’s largest savings and loan businesses based in Seattle in Washington. Washington Bank is no longer a part after FDIC seized and sold assets to JP Morgan Chase in

WEAK DOLLAR

Relating to another countries currency needing more of yours to buy theirs.

WELFARE

1. Resources and conditions needed for healthy and comfortable living. 2. Government support for members of society who are disadvantaged.

WHITE COLLAR CRIME

Fraud and crime committed by managerial and administrative personnel, professionals and public servants.

WITH RIGHTS

Buying shares where the purchaser has the right o buy more shares in the next share issue.

WORKING FILE

Temporary file of data, drafts, notes etc. Used in analyzing and preparing plans, documents and projects.

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