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What is VPL in banking?

Published in Banking Terminology 1 min read

Based on the provided information, VPL in banking is not directly addressed. The information references "Valued Policy Law (VPL)" but in the context of insurance, not banking. Valued Policy Law is a legal statute that requires insurance companies to pay the full value of a policy to the insured in the event of a total loss.

Therefore, without further context, VPL doesn't have a readily available or standard meaning within the banking industry itself according to the given information.

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