Let's see here... there ARE some words used in common English vernacular that are sort of abbreviated but still used as functioning words that end in V:
perv : Short for "pervert." As in "Don't be a perv, Bill. Put that back in your pants."
nav : Short for "navigation." Used often by graphic and web designers. As in, "So, Mike, what do you suggest we use for a nav menu? HTML or Flash?"
Bev : Short proper name for "Beverly." Often seen in Star Trek fiction (both canon and fanfic), in reference to Doctor Beverly Crusher.
Merv : Proper name of Merv Griffin. Dunno what it's short for, though- if anything. Probably Mervyn, according to a few MSG's that I've received so far.
Yugoslav : Short for Yugoslavia or Yugoslavic. Often heard in American news media- regardless of the fact that it's totally inappropriate use of grammar.
luv : Adaptation of the word "love." Often heard in reference to someone who is loved. As in, "Hello, luv. How are you today?"
I'm almost certain that there are more, but I can't think of any at the moment. All of the words mentioned above have been seen by myself in print at one time or another. Hope that helps.