WealthPulse.
9 terms

Dictionary — V

Vesting, VIN Decoder, Variable Rate, Voir Dire and more. Each definition explains what the term means and why it changes a number.

V DICTIONARY

Vesting

The schedule on which employer retirement contributions become permanently yours.

Why it matters: Leaving before vesting can forfeit the entire match, which changes the maths on a job move.

Run the 401(k) & employer match →

VIN Decoder

A tool that identifies a vehicle's specification and final assembly plant from its identification number.

Why it matters: It is the definitive test for whether a car loan qualifies for the new interest deduction.

Run the car loan interest deduction →

Variable Rate

An interest rate that moves with a benchmark index rather than staying fixed.

Why it matters: It lowers the opening payment while transferring rate risk from the lender to you.

Run the loan payment →

Voir Dire

The process of questioning and selecting a jury before trial.

Why it matters: It is one reason trial outcomes vary so widely between venues on identical facts.

Run the settlement vs trial →

Valuation Date

The date on which a property or asset value is fixed for a transaction, claim or tax purpose.

Why it matters: Moving the date by months can change the number materially in a volatile market.

Run the home sale net proceeds →

Vacancy Clause

A provision reducing or removing cover when a property is unoccupied beyond a stated period.

Why it matters: It catches out owners of properties left empty between tenants or during renovation.

Run the water damage restoration & claim →

Valuation Report

The document showing how an insurer arrived at a vehicle or property value.

Why it matters: Checking the comparables it used is how undervalued total loss settlements get corrected.

Run the total loss settlement →

Variable Costs

Costs that rise and fall directly with sales volume.

Why it matters: Subtracting them from price gives contribution margin, the basis of every break-even calculation.

Run the break-even point →

Vicarious Liability

Holding one party responsible for the acts of another, such as an employer for an employee.

Why it matters: It is how a claim reaches a company with real insurance rather than an individual without any.

Run the truck accident claim →
Estimates, not advice. Every figure here is produced from the inputs you enter and the formula printed on the page. Rules differ by state, carrier, lender and contract, so use these numbers to prepare for a conversation with a qualified professional rather than to replace one. See our full disclaimer.