Vega (statistics) The price change of a foreign exchange option for a 1 percent change in the implied volatility.
Ventilated Container (shipping) Container used for cargo needing ventilation.
Vessel Ton (shipping) 100 cubic feet.
VIAP (shipping) Vessel Insurance Additional Premium.
VOCC (shipping) Vessel Operating Common Carrier.
Voidable contact (law) An agreement that is valid but that one party may declare invalid because of a defect of illegality in its making.
Void Contract (law) An agreement that has no legal effect and that cannot be ratified or otherwise made effective. A contract that requires the performance of an illegal act.
This section is given in good faith
and for reference only.
