Tag: definition

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...

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 'Underwater' An option that would be worthless if it expired today. An underwater option may be either a call or...

DefinitionIn finance, unsecured debt refers to any type of debt or general obligation that is not protected by a guarantor, or collateralized by a...

What is an unconsolidated subsidiary An unconsolidated subsidiary is a subsidiary in which the parent company does not include the subsidiary's financials in its consolidated...

Why Is Undercapitalization a Problem? And How You Can Fix It Undercapitalization is a condition in which a business does not have enough funds to...

What is 'Uncommitted Facility' An uncommitted facility is an agreement between a lender and a borrower where the lender agrees to make...

DefinitionUncovered interest arbitrage is an arbitrage trading strategy whereby an investor capitalizes on the interest rate differential between two countries. Unlike covered interest arbitrage,...