Tag: terms

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

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 'Undercast' A forecasting error that occurs when estimating items such as future cash flows, performance levels or production. Undercasting produces...

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 are 'Mandatorily Redeemable Shares' Mandatorily redeemable shares are shares owned by an individual or entity which are required to be redeemed for cash or...

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

DefinitionIn finance, unsecured debt refers to any type of debt or general obligation that is not protected by a guarantor, or collateralized by a...

Why Is Undercapitalization a Problem? And How You Can Fix It Undercapitalization is a condition in which a business does not have enough funds to...

What is 'Uncommitted Facility' An uncommitted facility is an agreement between a lender and a borrower where the lender agrees to make...