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Glossary of Terms

value investing

an investment style which seeks to buy shares when they are underpriced and to take profits when they appear overvalued.

venture capital

funds used for startup businesses with exceptional growth potential, which are subject to more than a normal degree of risk. management and technical expertise are sometimes provided.

vertical integration

an acquisition in which a company operating in one market acquires another company which is complementary to its existing business but which operates in another market. the opposite of horizontal integration.

volatility

the measurement of how much a security fluctuates over a period of time.

volume

the total number of securities traded during a given period.

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