Financial Dictionary

This dictionary contains:
24549
financial terms

Vetting




Vetting

It is the process used by the offshore consultant for qualifying the prospective client to determine if he or she is a good candidate for offshore asset protection.

RELATED TERMS
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Offshore
Located or based outside of one's national boundaries.

Asset
Is the taxable basis of a property, imposed by the municipality. Often it is at a fraction of the market value.



SIMILAR TERMS
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Vessel
A conveyance for the transport of goods by water.

Vest
A term mainly used on the context of employee stock ownership or option programs for becoming applicable or exercisable.

Vesting
Conversion.

Vesting Schedule
Schedule setting forth when, and to what extent, options become exercisable or restricted stock or stock units are no longer subject to forfeiture.

Veterans Administration (VA) mortgage
A home mortgage loan granted by a lending institution to U.S. veterans and guaranteed by the Veterans Administration.

Vetting

Viatical settlement
An arrangement in which someone with a terminal disease sells his or her life insurance policy at a discount from its face value for ready cash.

Vienna Convention
Common name for the United Nations Convention on Contracts for the International Sale of Goods, a body of law governing the international sale of goods between parties domiciled in member countries.

Vienna Stock Exchange (VSX)
One of the world's oldest exchanges, which accounts for approximately 50% of Austrian stock transactions; the balance are traded OTC.

Vignette
A symbol or pictorial representation of the corporation on a stock certificate.

Virtual currency option
A new option contract introduced by the PHLX in 1994 that is settled in US dollars rather than in the underlying currency. These options are also called 3-Ds (dollar-denominated delivery).

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This dictionary contains 24549 terms.







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