Underfunded Pension Plan
What is an underfunded pension plan and how does it happen
An underfunded pension plan happens when a company doesn't have enough money set aside...
Underinsurance
What is underinsurance and why do people buy it
Underinsurance is insurance that does not cover the full value of an insured asset. For example,...
Undervalued
What does 'Undervalued' mean Undervalued is a financial term referring to a security or other type of investment that is selling for...
Unallocated Benefit
Most people have heard of unallocated benefits, but don't really know what they are or how they work. In this post, we will explore...
Umbrella Personal Liability Policy
What is 'Umbrella Personal Liability Policy' A type of insurance policy that provides excess coverage above and beyond the liability coverage amounts...
Undersubscribed
What is 'Undersubscribed' A situation in which the demand for an initial public offering of securities is less than the number of...
Umpire Clause
What is 'Umpire Clause' The language in an insurance policy that provides for a means of resolution by an unbiased third party...
Undertakings For The Collective Investment Of Transferable Securities (UCITS)
What is the 'Undertakings For The Collective Investment Of Transferable Securities - UCITS' The Undertakings for the Collective Investment of Transferable Securities...
UNC Kenan-Flagler Business School
What is 'UNC Kenan-Flagler Business School' The business school of the University of North Carolina. The Kenan-Flagler School offers both graduate and...
Unaudited Opinion
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...