Business and Personal Finance Dictionary

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• UNINCORPORATED JOINT VENTURE - A joint venture in which the legal means of dividing the project's equit...
  
  
• UNINSURED DRIVER OR MOTORIST - This part of an auto insurance policy covers injuries to you caused by a...
  
  
• UNINSURED MOTORIST INSURANCE - Insurance that covers the policyholder and family if they are injured by...
  
  
• UNINSURED REVERSE MORTGAGE - a reverse mortgage that becomes due and payable on a specific date
  
  
• UNINVESTED - Usually refers to cash that could be invested but is being held in reserve.
  
  
• UNIQUE DIVERSIFICATION BENEFIT - Reduction in the likelihood of financial distress for a conglomerate f...
  
  
• UNIQUE RISK - Also called unsystematic risk or idiosyncratic risk. Specific company risk that can be el...
  
  
• UNISSUED STOCK - Shares authorized in a corporation's charter, but not issued.
  
  
• UNIT - Is a bundled securities position. One example is the combination of stock warrants with a conver...
  
  
• UNIT BENEFIT FORMULA - Method used to determine a participant's benefits in a defined benefit plan. Inv...