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

UNDER CAPITALIZATION

Situation where businesses don’t have enough funds from stock holders for the size of operations.

UNDERCUT

Offering goods or services at a deliberately set lower price than competition.

UNDERINSURED MOTORIST COVERAGE

Section of an automobile insurance policy covering damage caused by another insured motorist with insufficient money to pay damages.

UNDERWRITING FEE

Fee charged by mortgage lender’s to verify loan application information and to make the final decision on loan approval.

UNEARNED INCOME

1. Accounting. Income received before a service is provided or a good is sold.2. Taxation. Income from means not arising from a person’s efforts.

UNEARNED REVENUE

Payment that is received before a service is provided or a good is sold.

TRANSFORMATION

Organization. Process of radical changes that takes the company in a new direction and effectiveness level.

TYPE SPEC

Instructions for typeface, type style size, etc. For a printing job.

TREASURIES

Negotiable obligations of debt by a federal government that comprises treasury bonds, treasury notes and treasury bills.

UNDERWEIGHT

Situation that has arisen when a portfolio’s investment are lower in proportion to the financial market’s share of capitalisation. Opposite of overweight.

UNDERWRITING SYNDICATE

Underwriter’s group existing temporarily and banks formed for marketing new bonds or shares that is too big for one body to handle it. Also known as underwriting group.

TREE TOPOLOGY

Scheme of network cabling where hubs are connected together in succeeding levels providing redundancy. Also known as cascaded star topology or tree network.

TREND LINE

Curved or straight line on a trend chart indicating pattern or direction of time series data.

TRANSIT ZONE

Free trade zone where port of entry is the distribution center and storage center for a country that is landlocked or has no cargo handling facilitates.

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