VA
1. Veterans Administration
2. Value Added

Variable Rate Mortgage (VRM)
An adjustable rare mortgage whose rate is tied to an index o lender's cost of money, calculated periodically.

Velocity
In the most common usage, the number obtained when GNP is divided by money supply. As such, it represents the number of times per year that each dollar in the money supply is spent on goods and services.

Volatility
Measures the variation of bond returns and/or interest rates over a set time period. It can be integral to pricing many issues with call options.