Vault Cash  Cash kept on hand in a depository institution's vault to meet day-to-day business needs.
Vertical Acquisition Buying or taking over a firm in the same industry in which the acquired firm and the acquiring firm represent different steps in the production process.
Vertical Merger When one firm acquires another firm that is in the same industry but at another stage in the production cycle.
Volatility  A measurement of the change in price over a given period.

The number of purchases or sales of securities contracts made during a specific time period, often the total transactions for one trading day or week.

Voting Rights The right to vote on matters that are put to a vote of security holders.
Voting Stock

The shares in a corporation that entitle the shareholder to vote.