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UIT
An investment product that consists of a diversified basket of income-producing securities sold to investors in $1000 units is referred  more...
http://www.investorglossary.com/uit.htm

umbrella liability insurance
Umbrella liability insurance is coverage for an individual or company protecting them against claims not covered in their primary policies.  more...
http://www.investorglossary.com/umbrella-liability-insurance.htm

undercapitalization
Undercapitalization is the condition that occurs when a business lacks enough capital to fund its normal expenses and perform normal  more...
http://www.investorglossary.com/undercapitalization.htm

underfunded pension plan
An underfunded pension plan has liabilities exceeding assets. A plan that is less than 80% funded for a period of  more...
http://www.investorglossary.com/underfunded-pension-plan.htm

underlying debt
For municipal bonds, an underlying debt is the debt held by a government entity which exists in the jurisdiction of  more...
http://www.investorglossary.com/underlying-debt.htm

underlying security
Also called an underlier, an underlying security is the security upon which certain others (a call or put option, a  more...
http://www.investorglossary.com/underlying-security.htm

undervalued
A stock is undervalued when, based on fundamentals like earnings and growth prospects, it should be selling at a higher  more...
http://www.investorglossary.com/undervalued.htm

underwriter
An underwriter gives financial support and takes responsibility for paying any costs associated with the activity he or she underwrites.  more...
http://www.investorglossary.com/underwriter.htm

unearned income
Unearned income is any income that comes from sources other than employment (work). Examples of unearned income include interest from  more...
http://www.investorglossary.com/unearned-income.htm

unemployment
Unemployment describes the state of a worker who is able and willing to take work but cannot find it. As  more...
http://www.investorglossary.com/unemployment.htm

Uniform Gift to Minors Act
The Uniform Gift to Minors Act creates a custodial vehicle by which anyone can transfer assets to a minor without  more...
http://www.investorglossary.com/uniform-gift-to-minors-act.htm

universal life
Universal life insurance is a life insurance policy which combines the low-cost protection of term insurance with a savings component  more...
http://www.investorglossary.com/universal-life.htm

unrealized loss
An unrealized loss is a loss on an investment that has not yet been effected, ie, a "paper loss." For  more...
http://www.investorglossary.com/unrealized-loss.htm

unrealized profit
An unrealized profit is a potential profit that has not yet been effected, i.e., a paper profit. Suppose an investor  more...
http://www.investorglossary.com/unrealized-profit.htm

uptick
An uptick is a transaction that occurs at a higher price than the previous trade for a given security.  more...
http://www.investorglossary.com/uptick.htm

US Savings Bond
A US savings bond is a bond sold by the United States Treasury to raise money for its operations. A  more...
http://www.investorglossary.com/us-savings-bond.htm

US Treasury
The US Treasury (United States Department of the Treasury) is the cabinet-level federal government body that manages the tax and  more...
http://www.investorglossary.com/us-treasury.htm

US Treasury Bill
A US Treasury bill is a short-term bond sold by the US government to finance its operations. A US Treasury  more...
http://www.investorglossary.com/us-treasury-bill.htm

US Treasury Bond
A US Treasury bond is a government bond sold by the United States Treasury to pay for its various operations  more...
http://www.investorglossary.com/us-treasury-bond.htm

US Treasury Note
A US Treasury note is a government bond sold by the United States Treasury to pay for its various operations  more...
http://www.investorglossary.com/us-treasury-note.htm

US Treasury Securities
US Treasury securities are debt obligations (bonds) sold by the US government to raise money for its operations. Buying US  more...
http://www.investorglossary.com/us-treasury-securities.htm

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