An interest rate that changes with fluctuations in such indexes as the U.S. Treasury bill index. …
Variable Rate Mortgage (VRM)
A loan with an interest rate that hinges on factors such as the rate paid on bank certificates and Treasury bills. A mortgage where the interest rate varies during the term of the mortgage, usually …
Vaulted Ceiling
An elongated half-cylinder that arches above the floor. …
Veneer
A thin facing material that is applied over a structural base. A veneered door, for example, may have a hollow or solid wood core and a thin surface layer of fine hardwood. …
Vent
A pipe that allows air to flow in a drainage system. …
Ventilation
The process of replacing stale air with fresh air, usually by circulation through a series of vents or a mechanical system such as an air conditioner. …