Category: U

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.

Link in communication from the ground to an orbiting satellite. Opposite of downlink.

Operational time of equipment where it is fully operational. Opposite of downtime.

Economics. Machine or capital assets reduced value by using it.

Unspent part of budget that is available for further expenses.

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

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

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

Economics. Where changes in one factor causes changes in other factors.

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