Kill

What is 'Kill' To cancel a trade or order that has been placed, but not filled. A trader or investor may desire...

Raw Materials

DefinitionA raw material, also known as a feedstock or most correctly unprocessed material, is a basic material that is used to produce goods, finished...

Quality Control

What is 'Quality Control' Quality control is a process through which a business seeks to ensure that product quality is maintained or...

Underconsumption

DefinitionIn underconsumption theory in economics, recessions and stagnation arise due to inadequate consumer demand relative to the amount produced. It means that there is...

Unconventional Oil

DefinitionUnconventional oil is petroleum produced or extracted using techniques other than the conventional method. Oil industries and governments across the globe are investing in...

Ultrafast Trading

What is 'Ultrafast Trading' A lucrative and highly competitive method of stock trading that uses special software that works in milliseconds to...

Underinsured Motorist Endorsement

What is 'Underinsured Motorist Endorsement' An added provision or attachment to an automobile insurance policy that provides insurance coverage to the policyholder...

Underbanked

DefinitionThe underbanked is a characteristic describing people or organizations who do not have sufficient access to mainstream financial services and products typically offered by...
Umbrella insurance policy

Umbrella Insurance Policy

What is Umbrella Insurance and what does it cover An Umbrella insurance policy is an insurance policy that provides additional coverage beyond the limits of...

Underemployment

DefinitionUnderemployment is the under-use of a worker due to a job that does not use the worker's skills, or is part time, or leaves...