V

Value Stocks - Overlooked or under performing companies that have a low price to earning ratio (P/E), and are trading at relatively low prices compared to their earnings.

Variable Annuity - An annuity contract whose growth and subsequent income payout are based on the performance of the securities held in the underlying sub-accounts selected by the contract owner. All income and capital gains produced by the sub-accounts are tax-deferred.

Volatility - A measure of price stability. An investment is volatile if its price is subject to wide swings.