Tag: year

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

What does 'Undervalued' mean Undervalued is a financial term referring to a security or other type of investment that is selling for...

What is an underfunded pension plan and how does it happen An underfunded pension plan happens when a company doesn't have enough money set aside...

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

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

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 are unappropriated retained earnings Unappropriated retained earnings are the portion of a business's profits that have not been allocated to specific expenses. This money...

What is an 'Underlying Profit' An underlying profit describes an actual reflection of a company's profit. The underlying profit is not the...

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