U.S. Dollar Index: The U.S. dollar index is a trade-weighted index of the values of six f ...

U.S. Treasury bill: U.S. government debt with a maturity of less than a year.

U.S. Treasury bond: U.S. government debt with a maturity of more than 10 years.

U.S. Treasury note: U.S. government debt with a maturity of one to 10 years.

UAH: Hryvna from Ukraine.

UAK: Karbovanet from Ukraine.

UBS: Union Bank of Switzerland. UBS is one of the world's leading ...

UGS: Ugandian shilling from Uganda.

Unbiased predictor: A theory that spot prices at some future date will be equal to today's ...

Unbundling: When a multinational firm unbundles its transfer of funds into separat ...

Uncovered call: A short call option position in which the writer does not own shares o ...

Uncovered put: A short put option position in which the writer does not have a corres ...

Underfunded pension plan: A pension plan that has a negative surplus (i.e., liabilities larger t ...

Underinvestment problem: The mirror image of the asset substitution problem, wherein stockholde ...

Underlying: The "something" that the parties agree to exchange in a derivative con ...

Underlying Commodity: The commodity or futures contract on which a commodity option is based ...

Underlying instrument: An underlying instrument is the financial instrument upon which the pr ...

Underlying security: For options it is the security subject to being purchased or sold upon ...

Underperform: When a security is expected to appreciate at a slower rate than the ov ...

Underpricing: Issue of securities at a discount to their market value.



Undersubscribed: Having received fewer offers to buy than there are securities availabl ...

Underwrite: To guarantee, as to guarantee the issuer of securities a specified pri ...

Underwriter: A party that guarantees the proceeds to the firm from a security sale, ...

Underwriting fee: The portion of the gross underwriting spread that compensates the secu ...

Underwriting income: For an insurance company, the difference between the premiums earned a ...

Underwriting syndicate: A group of investment banks that work together to sell new security of ...

Unemployment rate: The ratio of the number of people classified as unemployed to the tota ...

Unfunded debt: Debt maturing within one year (short-term debt).

Unilateral transfers: Items in the current account of the balance of payments of a country's ...

Unique risk: Also called unsystematic risk or idiosyncratic risk. Specific company ...

Unit benefit formula: Method used to determine a participant's benefits in a defined benefit ...

Unit linked: An unit linked fund is a form of pooled investment where investors pur ...

Universal life: A whole life insurance product whose investment component pays a compe ...

Unleveraged beta: The beta of an unleveraged required return (i.e. no debt) on an invest ...

Unleveraged required return: The required return on an investment when the investment is financed e ...

Unlimited liability: Full liability for the debt and other obligations of a legal entity. G ...

Unmatched book: If the average maturity of a bank's liabilities is less than that of i ...

Unseasoned issue: Issue of a security for which there is no existing market.

Unsecured debt: Debt that does not identify specific assets that can be taken over by ...

Unsterilized foreign exchange intervention: A unsterilized foreign exchange intervention is an intervention in whi ...



Unsterilized intervention: Foreign exchange market intervention in which the monetary authorities ...

Unsystematic risk: Also called the diversifiable risk or residual risk. The risk that is ...

Unwind: The activity which reverses a position. If an investor was long an opt ...

Up on Unusual Volume: Refers to an increase in stock price for stocks exhibiting unusual vol ...

Up-and-In Option: An option that comes into existence when the price of the underlying a ...

Up-and-Out Option: An option that ceases to exist when the price of the underlying asset ...

Upstairs market: A network of trading desks for the major brokerage firms and instituti ...

Uptick: When the most recent movement in the price of a stock was an increase.

USD: United States Dollar from the United States of America. Also used in A ...

USN: United States Dollar (next day). Traded currency.

USS: United States Dollar (same day). Traded currency (no longer used).

Usury: Charge an excessive or inordinate interest rate on a loan.

Utility: The measure of the welfare or satisfaction of an investor or person.

Utility function: A utility function is a mathematical expression that assigns a value t ...

Utility value: The welfare a given investor assigns to an investment with a particula ...

UYU: Uruguayan New Peso from Uruguay.

UZS: Uzbekistani Som from Uzbekistan.

Did you know?

Net advantage to merging

The difference in total post- and pre-merger market value minus the cost of the merger.


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