Terms beginning with U

• Uberrimae Fidei
  All contracts of insurance are subject to 'utmost good faith' in that applicants for insurance are obliged to disclose any detail which may ...(Read more)
• UCITS
  See Undertakings for the Collective Investment of Transferable Securities....(Read more)
• UK Listing Authority
  The body authorised by the FSA that decides on the rules for the listing of public companies, reviews and approves the prospectuses of compa...(Read more)
• Ultra Vires
  Actions by a body that fall outside the remit of its charter and might lead to legal action by affected parties....(Read more)
• Umbrella Fund
  A collective fund containing several sub-funds, each of which invests in a different market or country. The umbrella fund structure makes it...(Read more)
• Umbrella Personal Liability Insurance
  In the US, liability insurance giving excess cover over and above that provided by other policies. For example, if general policies give tot...(Read more)
• Uncovered
  See naked....(Read more)
• Undated Stocks
  Fixed interest stocks which have no redemption date....(Read more)
• Undercapitalised
  A term used to describe a business with inadequate funds to support its activities and make the appropriate investment....(Read more)
• Underlying Instrument
  The instrument, such as shares and commodities on which a futures or options contract is based....(Read more)
• Undersubscribed
  The opposite of oversubscribed and describing a situation when a new stock issue is not fully bought up by investors....(Read more)
• Undertakings For Collective Investment In Tradable Securities
  UCITs are collective funds which can be sold across national borders within the EU in accordance with the 'Undertakings for Collective Inves...(Read more)
• Underweight
  A portfolio will normally have less of some assets and more of others compared to some benchmark. It would be described as being underweight...(Read more)
• Underwriter
  A financial institution which, in return for a fee or commission, acts as an intermediary between a company and investors and agrees to purc...(Read more)
• Underwriting
  The procedure, using an underwriter, that allows a company to bring a new security issue to investors. A bank or other financial institution...(Read more)