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What is an unaudited opinion An unaudited opinion is a statement from an auditor that expresses whether or not financial statements are free of material...

What is 'Undersubscribed' A situation in which the demand for an initial public offering of securities is less than the number of...

DefinitionShares outstanding are all the shares of a corporation or financial asset that have been authorized, issued and purchased by investors and are held...

What is 'UCC-1 Statement' One of the standard mortgage documents listed in the Uniform Commercial Code. The UCC-1 Statement lists and describes...

What is a 'Range' The difference between the low and high prices for a security or index over a specific time period....

Debt means anything that is either owed and/or due. The parties to any debt are referred to as lenders i.e. those who give, and borrowers or those who receive loan. Usage Debt is...

What does 'Offset' mean An offset involves assuming an opposite position in regards to the original opening position. Additionally, to offset is...

What is 'Wash' A series of transactions that results in a zero net sum gain. This can be the result of a loss on one...

Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for Accessibility Further Reading Cointegration: how short is the long run? - www.sciencedirect.com The economics...

What is 'UBS' A multinational diversified financial services company headquartered in Switzerland. UBS is involved in virtually all major financial activities, including...