Category: U

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.

Money to be paid on a loan’s principle.

Creditor extending credit without the security of collateral.

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

Continuing upward movement.

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

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

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.

NASD certification exam needed in some states. See Blue Sky Law.

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