Unsolicited Bid

An unsolicited bid is an offer by an individual, investor, or company to buy a target company that has not asked to be sold.…

Unskilled Labor

Key takeaways – The label “unskilled labor” is outdated and misleading; the preferred term in 2025 is low‑wage labor. Many workers in low‑paying jobs…

Unsecured Debt

Key takeaways – Unsecured debt is borrowing that is not backed by specific collateral (no asset is pledged to secure repayment). – Because lenders…

Unsecured Creditor

Key takeaways – An unsecured creditor extends credit without taking a specific asset as collateral, so if the borrower defaults the creditor has no…

Unsecured

• “Unsecured” describes debt that is not backed by collateral — the lender has no specific asset to seize if the borrower defaults. (Investopedia)…

Unsecured Note

• An unsecured note is debt the issuer promises to repay but does not back with specific collateral; holders rely on the issuer’s creditworthiness.…

Unscheduled Property Floater

• An unscheduled property floater (often called an unscheduled or blanket floater) is an add-on to a homeowners or renters policy that extends coverage…

Unsatisfied Judgment Fund

An unsatisfied judgment fund (sometimes called an unsatisfied judgment reserve or indemnification fund) is a state-run pool of money used to compensate people who…

Unrestricted Net Assets

Unrestricted net assets are funds or resources a nonprofit can use at its discretion to support its mission and operations. Unlike donor-restricted gifts, unrestricted…

Unrestricted Cash

Key takeaways – Unrestricted cash is cash and cash equivalents that a company can spend for any purpose; it is not pledged or otherwise…