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

Category: Finance

WATCH LIST

List of all securities a broker may consider to be the target of irregular trading activities.

WET BASIS

Formula where the weight of an article wet is divided by weight of an article dry and multiplied by 100 giving a % weight increase.

WILDCARD

Symbol or character replacing characters in search commands.

WINDSTORM

Wind that causes damages to property insured.

WRONGFUL DEATH ACTION

Civil law suit filed by the deceased survivors against the organization or person felt to be responsible.

WRITE DOWN

Downward revision of an asset’s book value reflecting current drop in market value.

UNEMPLOYMENT

Total number of men and women able to work who are currently looking for work.

UNFUNDED

1. Finance. Debt or project not funded by private or public funds. 2. retirement plan. Current benefits are paid out from current funds paid into the plan.

UNIQUE RISK

Loss exposure that is associated with a certain investment or strategy of investment that can be reduced by diversity in a portfolio.

UNIT PRICING

Method where goods are sold in a fixed unit including all profit margins and costs.

UNIX

Powerful and very stable 32 bit operating system used by computers. Is the platform the internet was built on, written in C language and coming with TCP/IP protocols.

UNPAID BALANCE

Remaining balance of a loan, cash advance or credit that has not been paid.

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