Unlimited Liability
Key takeaways – Unlimited liability means owners are personally responsible for all business debts; creditors can claim owners’ personal assets if the business cannot…
Unlevered Cost Of Capital
Key takeaways – The unlevered cost of capital is the required return on a project or firm assuming no debt (all-equity financing). – It…
Unlevered Beta
Unlevered beta (also called asset beta) is the measure of a company’s systematic risk that comes from its underlying business operations — stripped of…
Unlevered Free Cash Flow Ufcf
Summary Unlevered free cash flow (UFCF) is the cash a company generates from operations after accounting for capital expenditures and working‑capital needs, but before…
Unlawful Loan
Key takeaways – An unlawful loan violates lending laws or rules that apply in the lender’s jurisdiction or industry (examples: exceeding state usury caps,…
University Of Miami Patti And Allan Herbert Business School
Key takeaways – The University of Miami Patti and Allan Herbert Business School (commonly “Miami Herbert Business School”) is the business school of the…
Universe Of Securities
What is a universe of securities? – A universe of securities is the set of tradeable instruments that share predefined characteristics and from which…
Universal Banking
Universal banking is a banking model in which a financial institution offers a broad array of financial services — retail and commercial banking, investment…
Universal Default
Universal default is a contractual provision that allows a credit card issuer to raise the card’s interest rate (the APR) if the cardholder becomes…
Universal Healthcare Coverage
Key takeaways – Universal healthcare coverage (UHC) means all residents of a defined jurisdiction have health insurance that protects them from the financial risk…