VaR (Value-at-risk model)
A technique which uses the statistical analysis of historical market trends and the volatilities to estimate the likelihood that a given portfolio's losses will exceed a certain amount.

Venture capital
Capital invested in a project in which there is a substantial element of risk, especially money invested in a new venture or an expanding business.

Volatility
A measure of the fluctuation in market price of a security. Volatility is calculated on the basis of the annualized standard deviation of daily change in price. If the price of a stock moves up and down rapidly over short time periods, it has high volatility. If the price almost never changes, it has low volatility.