Underinsured Motorist Endorsement
What is 'Underinsured Motorist Endorsement' An added provision or attachment to an automobile insurance policy that provides insurance coverage to the policyholder...
Underbanked
DefinitionThe underbanked is a characteristic describing people or organizations who do not have sufficient access to mainstream financial services and products typically offered by...
Umbrella Insurance Policy
What is Umbrella Insurance and what does it cover
An Umbrella insurance policy is an insurance policy that provides additional coverage beyond the limits of...
Underemployment
DefinitionUnderemployment is the under-use of a worker due to a job that does not use the worker's skills, or is part time, or leaves...
Unauthorized Insurer
There are a lot of risks associated with working with an unauthorized insurer. In fact, it's often a bad idea to do so. However,...
Under Reporting
DefinitionUnder-reporting usually refers to some issue, incident, statistic, etc., that individuals, responsible agencies, or news media have not reported, or have reported as less...
Unauthorized Investment
What is 'Unauthorized Investment' Any investment that has not been specifically authorized by a legal trust. Unauthorized investments can technically meet statutory...
Net Loss
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...
U
What is 'U' A Nasdaq stock symbol specifying that the issue is in units. Explaining 'U' Nasdaq-listed securities have...
Unauthorized Insurance
What is 'Unauthorized Insurance' A phony plan that claims to provide financial protection against unforeseen and potentially catastrophic events. Unauthorized insurance is...