Unregistered Shares

Unregistered shares (often called “restricted stock” or “private placement” shares) are securities that have not been registered with the U.S. Securities and Exchange Commission…

Unrecaptured Section 1250 Gain

An unrecaptured Section 1250 gain is a portion of the taxable gain realized on the sale (or other disposition) of depreciable real property that…

Unrealized Loss

An unrealized loss (a “paper” loss) occurs when an asset you hold falls below your purchase price but you have not sold it. The…

Unqualified Opinion

Key takeaways – An unqualified opinion (a “clean” opinion) means an independent auditor concludes a company’s financial statements fairly present its financial position and…

Unqualified Audit

• An unqualified audit opinion (also called a “clean” opinion or unqualified report) means an independent auditor concluded a company’s financial statements are presented…

Unpaid Dividend

Summary (Key Takeaways) – An unpaid dividend is a dividend that has been declared by a company but not yet paid to shareholders. It…

Unlisted Trading Privileges Utp

Key takeaways – Unlisted Trading Privileges (UTP) allow a security to be traded on a national securities exchange even if the issuer has not…

Unlisted Security

Key takeaways – An unlisted security is any tradable financial instrument that is not listed on a formal exchange and is typically traded over…

Unlimited Risk

Key takeaways – Unlimited risk exists when a position can lose more than the initial capital invested—potentially without a ceiling—if market moves go against…

Unlimited Tax Bond

An unlimited tax bond is a type of municipal (tax‑supported) bond—commonly issued as a general obligation (GO) bond—whose repayment is secured by the issuer’s…