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...

Underlying Security

What is an 'Underlying Security' An underlying security is the security on which a derivative derives its value. For example, a call...

Unconditional Probability

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...

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...

Underlying Cost

What is 'Underlying Cost' Any expense that may be projected to occur during the budgetary period succeeding the current one. Underlying costs are expenses that...

Uncollected Funds

What is 'Uncollected Funds' The amount of a bank deposit that comes from checks that have yet to be cleared by the...

Ultra Vires Acts

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

Ultra ETF

What is 'Ultra ETF' A class of exchange-traded funds (ETF) that employs leverage in an effort to achieve double the return of...

Unchanged

What is 'Unchanged' A situation in which the price or rate of a security does not change between two periods. This can...