Home Ownership by Country Underwater Mortgage Underwater mortgage is a mortgage loan whose balance is higher than the fair market value of the home....
What is 'Uberrimae Fidei Contract' A legal agreement requiring the highest standard good faith. "Uberrimae fidei" or "uberrima fides" is Latin for...
What is an underpayment penalty
An underpayment penalty is a fee charged by the IRS for taxpayers who do not pay enough tax throughout the...
What is 'Ultimate Mortality Table' A mortality table that lists the death rates of insured persons of each sex and age group...
DefinitionU.S. savings bonds are debt securities issued by the U.S. Department of the Treasury to help pay for the U.S. government's borrowing needs. U.S....
Definition
The UCLA Anderson School of Management is the graduate business school at the University of California, Los Angeles, one of eleven professional schools. The...
What is an 'Underlying Profit' An underlying profit describes an actual reflection of a company's profit. The underlying profit is not the...
What is 'Unconditional Vesting' Pension benefits that are entitled to the employee without any restrictions. The employee is fully entitled to the...
What are unappropriated retained earnings
Unappropriated retained earnings are the portion of a business's profits that have not been allocated to specific expenses. This money...
What is ultimogeniture and how does it work
Ultimogeniture is the practice of leaving property to the youngest child. It contrasts with primogeniture, in which...