Unadjusted Basis

What is 'Unadjusted Basis' A basis used for depreciation purposes. Unadjusted basis uses the original cost of property or equipment without regard...
Ultra-short bond funds

Ultra-Short Bond Fund

What is an Ultra-Short Bond Fund Ultra-short bond funds are a type of fixed income mutual fund that invests in bonds with short-term maturities, typically...

Undercast

What is 'Undercast' A forecasting error that occurs when estimating items such as future cash flows, performance levels or production. Undercasting produces...

Undated Issue

What is 'Undated Issue' A government bond that has no maturity date, and pays interest in perpetuity. While the government can redeem...
underfunded pension plan

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

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 benefits

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...