Glossary of Terms

  • Venture Capital Trust (VCTs)

    A listed company which invests in small unlisted and AIM companies. VCTs offer generous tax relief to UK residents.
  • Volatility

    A statistical measure (standard deviation) of the dispersion of returns for a given security or market index. Generally, the higher the volatility, the riskier the security.

  • Volume

    The daily cumulative volume for each security.
  • Voting rights

    The entitlement of ordinary shareholders to vote in person or by proxy at annual general meetings or extraordinary general meetings.