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

Category: U

UNICOHORT

Lowest number of people exposed to a risk where fatality does occur.

UNIFORM SECURITIES ACT

Legislation addressing securities fraud at state levels drafted by National Conference of Commissioners on Uniform State Laws in 1956.

UNIT

1. Determined opt definite quantity used a standard of exchange and measurement. 2. Fractional undivided interest of a mutual fund, unit trust.

UNLAWFUL ENTRY

Forced, unlawful and clandestine entry on land or into premises.

UPLOAD

Data transfer from a client or local computer to a server or remote computer.

USER EXPERIENCE

Outcome of a user interacting with the product and factors making up the perception of the product and its operation.

UNFAIR ADVERTISING

Advertising causing harm to consumers and can be restricted by unfair advertising laws. See unfair consumer practice.

UNIFIED MESSAGING

Methods of messaging that is available from one ‘universal mailbox’ and can be accessed anytime from anywhere with a computer. Also known as integrated messaging.

UNIT BENEFIT FORMULA

Formula to determine money that an employer will pay towards the benefit plan of an employee.

UNPAID SELLER’S LIEN

Right of a seller to keep possession of goods sold but not paid for in full and stilling his possession. See vendor’s lien.

UNSHIELDED TWISTED PAIR (UTP)

Common media for transmission of data and voice communications, that connects phone subscribers to a central exchange in a LAN such as Ethernet and Token Ring. See shielded twisted pair.

UPPER CLASS

Social class different classes beneath it due to its power and influence. Less than 1% of population but may control up to 2/3rds of national wealth.

UPTURN

Upward shift of an economic cycle from a recession to a steady state or expansion. Opposite of downturn.

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