Stock Markets Glossary - Letter V

Vesting Schedule - A Vesting Schedule is often included as part of an options contract, and specifies the dates on which the option can be exercised. Employee stock options often include detailed vesting schedules that prevent employees from “cashing out” their stock options all at once.

Volatility Index (VIX) - The VIX, sometimes known as the Fear Index, is a rolling measure of the perceived volatility of the Standard & Poor’s 500 Index over the next 30 days. The VIX is calculated and disseminated by the Chicago Board Options Exchange.

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