VETTING
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Vetting is a process of researching a business or an individual before venturing on a joint endeavor or before investing into them.
VULTURE FUND
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Vulture fund is a fund that buys securities in distress times, it often involves purchasing securities which are in the verge of bankruptcy.
VINTAGE
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Vintage is name for a mortgage backed security that has aged for around 30 years. It can be described as a security with less prepayment and default risk for a trader.
VOLATILITY SWAP
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Volatility swap is a forward contract with payments basing on realized volatility. The cash in such cases is settled based on the difference between the realized volatility and volatility strike.
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