What is 'Umbrella Personal Liability Policy' A type of insurance policy that provides excess coverage above and beyond the liability coverage amounts...
What is 'Undersubscribed' A situation in which the demand for an initial public offering of securities is less than the number of...
What is 'Umpire Clause' The language in an insurance policy that provides for a means of resolution by an unbiased third party...
What is the 'Undertakings For The Collective Investment Of Transferable Securities - UCITS' The Undertakings for the Collective Investment of Transferable Securities...
What is 'UNC Kenan-Flagler Business School' The business school of the University of North Carolina. The Kenan-Flagler School offers both graduate and...
What is an unaudited opinion
An unaudited opinion is a statement from an auditor that expresses whether or not financial statements are free of material...
What is 'U.S. League Of Savings Institutions' A now-defunct nationwide organization of savings institutions. The U.S. League of Savings Institutions was created...
DefinitionUncovered interest arbitrage is an arbitrage trading strategy whereby an investor capitalizes on the interest rate differential between two countries. Unlike covered interest arbitrage,...
What is 'Uncommitted Facility' An uncommitted facility is an agreement between a lender and a borrower where the lender agrees to make...
DefinitionThe unbanked are adults who do not have their own bank accounts. Along with the underbanked, they may rely on alternative financial services for...