Tag: money

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

DefinitionU.S. savings bonds are debt securities issued by the U.S. Department of the Treasury to help pay for the U.S. government's borrowing needs. U.S....

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 is an Ultra-Short Bond Fund Ultra-short bond funds are a type of fixed income mutual fund that invests in bonds with short-term maturities, typically...

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....

DefinitionCommon stock is a form of corporate equity ownership, a type of security. The terms voting share and ordinary share are also used frequently...

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...

An uncovered option is a type of option contract that is not hedged by an opposite position in the underlying security. This leaves the...