Tag: finance

What is 'Uncollected Funds' The amount of a bank deposit that comes from checks that have yet to be cleared by the...

DefinitionUnbundling is a neologism to describe how the ubiquity of mobile devices, Internet connectivity, consumer web technologies, social media and information access in the...

What is 'Unconditional Probability The definition of unconditional probability is the chance that a single outcome results from a sample of possible outcomes. To find...

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

What is 'Unauthorized Insurance' A phony plan that claims to provide financial protection against unforeseen and potentially catastrophic events. Unauthorized insurance is...

What is 'U' A Nasdaq stock symbol specifying that the issue is in units. Explaining 'U' Nasdaq-listed securities have...

What is net loss Net loss is defined as the value of a company's total expenses minus its total revenue. In other words, it is...

What is 'Umbrella Personal Liability Policy' A type of insurance policy that provides excess coverage above and beyond the liability coverage amounts...

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

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...