Account holding income recognised to pay insurance premiums.

Load of the absolute maximum a structure can bear without it failing.

Solar radiation that is invisible lying just beyond the violet end of a visible spectrum. Wavelength from 10 to 400 nanometres that harms living tissue.

Quantity that would be sold with no constraints like delivery or production.

Analyst rate of a security that reflects opinion that its will stay behind the market.

A security with a price expected to rise due to it trading lower than is justified by its estimated and current earnings. See Bottom fishing; Value investing.

Products that can be replaced with identical products but from different suppliers.

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

Person without adequate cover for a loss or a damage or who cannot meet a requirement of co-insurance.

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

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.

A thing unable to be collected after all efforts have been made.

Underwriting syndicate where each member has dual liability. See divided account.

Deducted amount from a sum and classed as interest in advance.

Situation of an unemployment rate that is higher than natural unemployment rate in Keynesian economics.

Contract for purchase of securities between the underwriter and the issuer of bonds.

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