Informational Terms And Phrases
Valid
Sufficient in law; effective.
Vara
A Mexican measure of length; approximately 33 inches.
Variable Interest
Interest rates fluctuating up or down according to current cost of money.
Vendee
A buyer or purchaser.
Vendor
A seller.
Venue
The county in which an action is brought; also the place where an acknowledgment is taken.
Verification
A sworn statement before a qualified officer (notary public) that the contents of a writing are true.
Vest
To give an immediate fixed right to property.
Vested Interest
A property interest that is fixed or determined.
Vestee
Present record owner.
Vide
See.
Videlicet
To wit, that is to say; abbreviated as "viz."
Viz.
Abbreviation for videlicet.
Voidable
Subject to being declared void.
Voluntary Lien
A lien intentionally created or entered into by a debtor.
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