Tag: review

What is 'Ultra Vires Acts' Any act that lies beyond the authority of a corporation to perform. Ultra Vires acts fall outside...

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 'Undated Issue' A government bond that has no maturity date, and pays interest in perpetuity. While the government can redeem...

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...

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...

DefinitionKenneth Joseph "Ken" Arrow was an American economist, mathematician, writer, and political theorist. He was the joint winner of the Nobel Memorial Prize in...

DefinitionIn economics and finance, risk aversion is the behavior of humans, when exposed to uncertainty, in attempting to lower that uncertainty. It is the...

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

The grouping together of financial assets like cash equivalents, bonds, stocks and their counterparts whether they are closed fund or exchange related is known...