Tag: years
Dead Presidents
What is 'Dead Presidents' Slang referring to U.S. paper currency. Dead presidents can refer to any unit of currency, but most often...
Price-to-Book Ratio
The price-to-book ratio, also known as P/B ratio or price-to-equity ratio, is a type of financial ratio which is primarily used to compare the...
Unconventional Oil
DefinitionUnconventional oil is petroleum produced or extracted using techniques other than the conventional method. Oil industries and governments across the globe are investing in...
Unbundling
DefinitionUnbundling is a neologism to describe how the ubiquity of mobile devices, Internet connectivity, consumer web technologies, social media and information access in the...
Underfunded Pension Plan
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...
Undated Issue
What is 'Undated Issue' A government bond that has no maturity date, and pays interest in perpetuity. While the government can redeem...
U.S. Savings Bonds
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....
Ultimate Mortality Table
What is 'Ultimate Mortality Table' A mortality table that lists the death rates of insured persons of each sex and age group...
Mandatorily Redeemable Shares
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...
Bankruptcy
DefinitionBankruptcy is a legal status of a person or other entity that cannot repay debts to creditors. In most jurisdictions, bankruptcy is imposed by...