Underlying Option Security
What is an underlying option security
An underlying option security is a security that can be used as collateral for options contracts. The most common...
Umberto Agnelli
DefinitionUmberto Agnelli was an Italian industrialist and politician. He was the third son of Virginia Agnelli and of Edoardo Agnelli, and the youngest brother...
Underwater Mortgage
Home Ownership by Country Underwater Mortgage Underwater mortgage is a mortgage loan whose balance is higher than the fair market value of the home....
Uberrimae Fidei Contract
What is 'Uberrimae Fidei Contract' A legal agreement requiring the highest standard good faith. "Uberrimae fidei" or "uberrima fides" is Latin for...
Underpayment Penalty
What is an underpayment penalty
An underpayment penalty is a fee charged by the IRS for taxpayers who do not pay enough tax throughout the...
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...
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....
UCLA Anderson School of Management
Definition
The UCLA Anderson School of Management is the graduate business school at the University of California, Los Angeles, one of eleven professional schools. The...
Underlying Profit
What is an 'Underlying Profit' An underlying profit describes an actual reflection of a company's profit. The underlying profit is not the...
Unconditional Vesting
What is 'Unconditional Vesting' Pension benefits that are entitled to the employee without any restrictions. The employee is fully entitled to the...