Unencumbered Mean

Key takeaways – An unencumbered asset is owned “free and clear”—no liens, mortgages, or other third‑party claims attach to it. – Unencumbered assets are…

Unemployment Compensation

• Unemployment compensation (also called unemployment insurance or unemployment benefits) provides temporary, partial income replacement to workers who lose jobs through no fault of…

Unemployment Compensation Amendments Of 1992

• The Unemployment Compensation Amendments of 1992 added a rollover option for workers who lose their jobs: they may roll employer‑sponsored retirement account balances…

Unemployment Claim

An unemployment claim is an individual’s request for temporary cash benefits after losing a job through no fault of their own. In the U.S.,…

Uneconomic Growth

Uneconomic growth describes economic expansion that, at the margin, reduces overall societal well‑being because the social and environmental costs exceed the benefits of additional…

Unearned Revenue

Unearned revenue (also called deferred revenue) is cash a company receives in advance of providing goods or services. Because the company still owes performance…

Unearned Income

• Unearned income is money you receive without performing labor: interest, dividends, rental receipts, capital gains, annuities, most prizes/winnings, and certain government benefits. –…

Unearned Premiums

• Unearned premium is the portion of an insurance premium paid in advance that corresponds to coverage for future periods; it is a liability…

Unearned Interest

What is unearned interest? – Unearned interest (also called unearned discount) is interest that a lender has already collected in cash but has not…

Unearned Discount

Key takeaways – An unearned discount (more commonly called unearned interest) is interest or a financing fee a lender collects up front but initially…