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

UNLIMITED WANTS

Part of human nature where we want many things but are unable to afford them all.

UNLISTED NUMBER

Phone number that is not found in a directory or by calling enquiries.

UNLOADING

1. Off loading goods from the container or vehicle that delivered them. 2. Selling goods in order to be rid of them at a lower than usual price.

UNNATURAL PATTERN

Statistical pattern of distribution where measurements are not clustered near the median.

UNOCCUPIED

Property classification where it is not occupied by people but can have goods and furniture in it.

UNPAID BALANCE

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

UNPAID CHECK

Check dishonored on presentation at bank where it was drawn.

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.

UNREALIZED

Transaction that has happened but not been paid for as yet.

UNREALIZED PROFIT/LOSS

Paper profit or loss not becoming actual until the asset is sold, disposed of or redeemed. Also known as unrealized gain/loss.

UNREASONABLE RISK

Adverse effect to people and the environment by a biocide and considering the economic, medical, environmental costs.

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