Personal Finance Terms

  1. Underfunded Pension Plan

  2. Underinsurance

  3. Underinsured Motorist Coverage

  4. Underinsured Motorist Coverage Limits Trigger

  5. Underinsured Motorist Endorsement

  6. Underlying Cost

  7. Underlying Mortality Assumption

  8. Underlying Retention

  9. Underpayment Penalty

  10. Underwater Mortgage

  11. Underwithholding

  12. Underwriting

  13. Underwriting Cycle

  14. Underwriting Fees

  15. Underwriting Income

  16. Underwriting Risk

  17. Unearned Income

  18. Unearned Premium

  19. Unemployment

  20. Unemployment Claim

  21. Unemployment Compensation

  22. Unemployment Compensation Amendment Of 1992

  23. Unemployment Income

  24. Unemployment Insurance

  25. Unemployment Rate

  26. Unencumbered

  27. Unfair Claims Practice

  28. Unfair Trade Practice

  29. Unfunded Pension Plan

  30. Unified Tax Credit

  31. Uniform Consumer Credit Code - UCCC

  32. Uniform Gifts to Minors Act - UGMA

  33. Uniform Individual Accident And Sickness Policy Provisions Act

  34. Uniform Partnership Act - UPA

  35. Uniform Policy Provisions, Health Insurance

  36. Uniform Simultaneous Death Act

  37. Uniform Transfer Tax

  38. Uniform Transfers To Minors Act - UTMA

  39. Uninsurable Peril

  40. Uninsurable Property

  41. Uninsurable Risk

  42. Uninsured Certificate Of Deposit

  43. Uninsured Motorist Coverage - UM

  44. Unintentional Tort

  45. Unisex Legislation

  46. Unit Benefit Formula

  47. Unit Benefit Plan

  48. Unit Linked Insurance Plan - ULIP

  49. Unit Trust - UT

  50. United States Aircraft Insurance Group - USAIG

  51. United States Government Life Insurance - USGLI

  52. United States Longshore And Harbor Workers' Compensation Act Of 1927- LHWCA

  53. Unitranche Debt

  54. Units Per Transaction - UPT

  55. Universal Health Care Coverage

  56. Universal Life Insurance

  57. Unlevered Free Cash Flow - UFCF

  58. Unlimited Liability

  59. Unlimited Marital Deduction

  60. Unofficial Strike

  61. Unrealized Gain

  62. Unrealized Loss

  63. Unrecaptured Section 1250 Gain

  64. Unrecorded Deed

  65. Unrelated Business Taxable Income - UBTI

  66. Unscheduled Property Floater

  67. Unscheduled Recast

  68. Unsecured

  69. Unsecured Debt

  70. Unsecured Loan

  71. Unskilled Labor

  72. Unsolicited Application

  73. Unsolicited Bid

  74. Unstated Interest Paid

  75. Unsubordinated Debt

  76. Unusual Item

  77. Up-Front Mortgage Insurance - UFMI

  78. Upgrade

  79. Upper Class

  80. Upper Management

  81. Upstairs Deal

  82. Upstart

  83. USDA

  84. USDA Non-Streamlined Refinancing

  85. USDA Rural Refinance Pilot Program

  86. USDA Streamlined Refinancing

  87. Use And Occupancy - U&O

  88. Use and Occupancy Insurance – U&O

  89. Use Tax

  90. Usury

  91. Usury Rate

  92. Utilization Fee

  93. VA Loan

  94. Vacancy Rate

  95. Vacation Home

  96. Validation Period

  97. Valuable Papers Insurance

  98. Valuation Clause

  99. Valuation Mortality Table

  100. Valuation Period

Hot Definitions
  1. Cash and Carry Transaction

    A type of transaction in the futures market in which the cash or spot price of a commodity is below the futures contract price. Cash and carry transactions are considered arbitrage transactions.
  2. Amplitude

    The difference in price from the midpoint of a trough to the midpoint of a peak of a security. Amplitude is positive when calculating a bullish retracement (when calculating from trough to peak) and negative when calculating a bearish retracement (when calculating from peak to trough).
  3. Ascending Triangle

    A bullish chart pattern used in technical analysis that is easily recognizable by the distinct shape created by two trendlines. In an ascending triangle, one trendline is drawn horizontally at a level that has historically prevented the price from heading higher, while the second trendline connects a series of increasing troughs.
  4. National Best Bid and Offer - NBBO

    A term applying to the SEC requirement that brokers must guarantee customers the best available ask price when they buy securities and the best available bid price when they sell securities.
  5. Maintenance Margin

    The minimum amount of equity that must be maintained in a margin account. In the context of the NYSE and FINRA, after an investor has bought securities on margin, the minimum required level of margin is 25% of the total market value of the securities in the margin account.
  6. Leased Bank Guarantee

    A bank guarantee that is leased to a third party for a specific fee. The issuing bank will conduct due diligence on the creditworthiness of the customer looking to secure a bank guarantee, then lease a guarantee to that customer for a set amount of money and over a set period of time, typically less than two years.
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