Tag: 2020

What does 'Undervalued' mean Undervalued is a financial term referring to a security or other type of investment that is selling for...

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

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

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...

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...

What is an 'Underlying Profit' An underlying profit describes an actual reflection of a company's profit. The underlying profit is not the...

When a company offers its stock to the public for the first time, it's called an initial public offering, or IPO. IPOs can be...

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 'UNC Kenan-Flagler Business School' The business school of the University of North Carolina. The Kenan-Flagler School offers both graduate and...

What is 'Umpire Clause' The language in an insurance policy that provides for a means of resolution by an unbiased third party...