Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: Finance

WHITE COLLAR CRIME

Fraud and crime committed by managerial and administrative personnel, professionals and public servants.

WITH RIGHTS

Buying shares where the purchaser has the right o buy more shares in the next share issue.

WORKING FILE

Temporary file of data, drafts, notes etc. Used in analyzing and preparing plans, documents and projects.

WORTH

Measure of the value received, derived satisfaction of a tangible or intangible product.

UNIFORM GIFTS TO MINORS ACT

Regulation allowing the adult right to contribute funds to a minor’s account that doesn’t need setting up a trust fund. Adult will manage the account until the holder reaches 18 years of

UNIT OF MEASURE

Standard system or unit that a quantity is counted and expressed in.

UNSYSTEMIC RISK

Risk of a securities investment not common to all securities but to a certain security. Also known as non-systemic risk.

UPSTREAM

Term referring to part of the oil industry doing the exploration and recovery. See downstream.

USANCE BILL

Bill of exchange drawn on a governed term of usage in trade or between involved countries.

UTILITY

1. Business. Firm owning and operating facilities for production and distribution of water, electricity, gas telecommunications to the public. 2. Computing. Program whose function is to maintain efficiency of the system. Also

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.