Tag: definition

What is an 'Underlying Security' An underlying security is the security on which a derivative derives its value. For example, a call...

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

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,...

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

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

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...