V

1 VA Loan

A VA loan is the mortgage which is made by banks and insured by the Veterans Administration (VA), which is a federal agency insuring mortgages.

2 Valuation Reserve

Loan-loss reserve reported on the balance sheet; losses can be charged only against this reserve. In the balance sheet, it is listed as loan and lease loss allowance.

3 Value Additivity (VA) Principle

In an efficient market, the value of the sum of two cash flows is the sum of the values of the individual cash flows. No matter how the payments are divided among claimants, the sum of the values will be the same. Value of bond + value of stock = value of firm.

4 Value At Risk

Value at risk (VaR) is a procedure for estimating the maximum loss associated with a security or portfolio over a specific period of time, associated with a given confidence level. VaR can be used to measure either market risk or credit risk. In a loss distribution, loss can be either expected loss (EL) or unexpected loss (UL). The UL is...