Tag: definition

There are a lot of risks associated with working with an unauthorized insurer. In fact, it's often a bad idea to do so. However,...

What is retention and why does it matter for businesses Retention is a measure of how well a business can keep its customers over time....

What are unappropriated retained earnings Unappropriated retained earnings are the portion of a business's profits that have not been allocated to specific expenses. This money...

What is 'Unconditional Vesting' Pension benefits that are entitled to the employee without any restrictions. The employee is fully entitled to the...

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

What is 'Ultimate Mortality Table' A mortality table that lists the death rates of insured persons of each sex and age group...

What is an underpayment penalty An underpayment penalty is a fee charged by the IRS for taxpayers who do not pay enough tax throughout the...

What is 'Uberrimae Fidei Contract' A legal agreement requiring the highest standard good faith. "Uberrimae fidei" or "uberrima fides" is Latin for...

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...

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