Tag: economic

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...

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 '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 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 '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...

DefinitionBankruptcy is a legal status of a person or other entity that cannot repay debts to creditors. In most jurisdictions, bankruptcy is imposed by...

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