Trust created under duress, mistake or fraud and can be put aside until valid or repudiated. See void trust.

The act of emptying; ejection from a benefice.

Cheese made null and void for any reason.

L. Fr. To speak the truth. This phrase denotes the preliminary examination which the court may make of one presented as a witness or juror, where his competency, interest, etc., […]

a French term for the examination of a potential juror to see if they are fit to serve.

Fr. Carriage; transportation by carriage.

Unstable and capable of a high to low variation.

Liquid able to evaporate or vaporize at room temperature .

1. Any hydrocarbon with a vapor pressure equal or greater than0.1mm of Mercury except for ethane and methane. 2. Substance able to evaporate at its temperature of use and causes […]

The amount a price changes. The more volatile the more risky. It helps determine the value at risk. Refer to standard deviation , vega, variance, skew, smile, and strategy.

The difference between call and put options volatility. Puts trade better than call options. Refer to volatility smile .

When strike price and volatility of an option are compared. Investors prefer outofthemoney contracts because they are cheaper. Refer to volatility skew .

A swap that exchanges realized volatility for fixed volatility. It directy protects the asset or market. This can last 6 months to 5 years.

Lat. Willing. He is said to be willing who either expressly consents or tacitly makes no opposition . Calvin. Volenti non fit injuria . He who Consents cannot receive au […]

Legal principle where one voluntarily and knowingly consents to take risks such as in dangerous sports.

the name of the 18th Amendment that prohibits the general sale of liquor and was repealed in 1933.

Metric unit of electrical potential. Equal to the steady flow of one amp current against one ohm of resistance

Unit of electrical load.

Amount of volts of potential difference of a circuit.

Number of shares traded in a day at an exchange or in a single index or security.

Service satisfying all of the needs of customers.

Way to process waste to reduce its volume.

Lat. In the civil law . A volume; so called from its form, being rolled up.

Loss incurred from volume imbalances. It can change both quantity and price.

Lat. We will; it is our will. The first word of a clause in the royal writs of protection and letters patent . Cowell.