Personal Services

Glossary

Venture Capital

Money raised by companies to finance new, risky ventures.

Volatility

The rate of change in the price of a security over a given time.

Volume

The amount of shares bought and sold on a stock exchange.

Voting Right

The stockholder's right to vote on the affairs of the company. Most common shares have one vote each and preferred stock usually only has the right to vote when its dividends are in default. The right to vote may be delegated by the stockholder to another person, called "voting by proxy". Voting rights give the stockholder a say in the company's affairs and such rights can increase the value of the stock.

Voting Trust

A device to place the control of a company in the hands of certain managers for a given period of time, or until certain results have been achieved. This is done by shareholders surrendering their voting rights to a trustee for a specified period of time.