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Vacation Home: A dwelling used by the owner occasionally for recreational or resort purposes.

Valuation: An appraisal; an estimation of the worth of collateral.

Variable Rate: An interest rate on a loan that during the term of the loan varies in relationship to some other rate, index or formula.

VSA: A Vehicle Service Agreement (VSA) is a protection plan that extends the warranty on new and pre-owned vehicles by providing coverage for components/parts due to mechanical failure.