Hello NV...
Sorry to say these terms are NOT exact - and often cause confusion and real world errors even with experienced engineers, technicians and electricians!
First Vrms is NOT the power of the voltage. V RMS (root mean square) is a way we measure / represent voltage - that provides a little more meaning, and easier to calculate with than Peak, or Peak-to-Peak. Since V RMS x I RMS x Cos Phi= Power ( where cos Phi is the CoSine of the phase angle between the voltage and the current) - I know that may be TMI for now.
Also -- RMS is one of many types of "Average" --- Average is very ambiguous. ( Median, Norm, Mean, RMS = all forms of averages) - confused yet?
As a generalization the RMS value ( for power ) can the thought of as an average representing the useful portion of the waveform - wordy I know. RMS also can be applied to any waveform, and is a pretty specific calculation. However, to confuse the issue, when making measurements any reading that is not listed as "TRUE RMS" is suspect, because a metering device may state RMS - but is not calculating RMS properly... ugh... getting off track.
So Vrms, Vdc, Vac -- Actually only the Vrms in this case is specific.
Vac - is a generic ( ambiguous ) term for Voltage of an Alternating "Current" Waveform - the Current term is misleading as well - but that is what the world has settled on!
-- V ac does not define how this is measured. In an industry - power for example, Vac is essentially ALWAYS - RMS, but ONLY for the primary carrier if 50 or 60 Hz ( eg not including harmonics ), or if listed otherwise.
The best way to clarify is to include the RMS, P-P (peak to Peak) in the units - examples:
Household Power in the USA would be Vac = 120 V RMS ( ideally a pure sine wave, no harmonics or DC offsets etc.)
A voltage signal for audio might be Vac = 2 V P-P
Vdc - a little more defined than Vac, but still can cause confusion particularly when the overall voltage(signal) is really the SUM of Direct Current ( non-alternating) and AC (Alternating) signals.
As for the formula it is really an RMS issue, and would be good to try to separate RMS from Voltage, it applies to the voltage case-but it is really a Mathematical Construct ref Wikipedia (
https://en.wikipedia.org/wiki/Root_mean_square )