Category: U

User’s network. Largest electronic bulletin board in the world.

Property or asset that is free from any debt.

Transmission from a point to another point from one device to another device.

Websites internet address, file or document. It reads HTTP://www.address/directories/filename. Also known as Universal Resource Locator, URL or web address.

Benefit of a service or good differing from competing brands giving the buyer a reason to buy it.

Man hours used to produce one unit of output.

1. Benefit retention with no consideration of return where it can be reasonably expected. 2. Money obtained that is not a gift that the beneficiary needs to make restitution for.

Check dishonored on presentation at bank where it was drawn.

Overtime that is not planned due to a bottleneck or to fix a ‘behind schedule’ position.

Term in network marketing for independent distributors above the representatives genealogy.

Transaction of stock markets where a new quote or transaction is higher than the last one. Also known as a plus tick.

Body with authority to use equipment, applications, systems, etc. But may not be the item’s buyer.

Defective but valid contract unable to be enforced by court.

Standard way to present all of the characters of all of the world’s languages.

Standards of bill of exchange practices of collection put forward by International Chamber of Commerce, ICC for financial institutions.

Single web site visitor no matter how many times they actually visit the site.

Entire value of a business entity.

Future events and outcomes that cannot be predicted when and where they will occur.

Provision allowing for unpaid premiums to be taken from amount of claim.

Payments to supplement regular premiums of a policy of universal life.