Glossary - V

This section provides an explanation for some of the jargon used to describe structured retail products. If you would like us to add additional words then please let us know by clicking here.

Variable Annuity

A life insurance or pension-wrapped product linked to a range of actively-managed funds and offering various guarantees for example, a minimum guarantee on the portfolio value at a future date, guaranteed annual growth or the minimum income available at retirement.

Vekstsertifikat

Norwegian warrant

Verzekering

Insurance.

Vie

Life Bond

Vklad

Deposit both in Slovakia and in the Czech Republic

Vkladový list

Certificate of Deposit

Volatility Swap

A derivative contract referenced to the actual historic volatility of a reference share or index.