Ultra Vires Acts

Introduction Ultra vires (Latin: “beyond the powers”) describes acts taken by a corporation, corporate officer, board, or government body that exceed the authority given…

Ultra High Net Worth Individual Uhnwi

Definition – An ultra‑high‑net‑worth individual (UHNWI) is a person whose net worth is at least $30 million. Net worth is the combined value of…

Ultimogeniture

Ultimogeniture (also called postremogeniture or the junior right) is an inheritance custom in which the youngest son inherits his deceased father’s estate. The system…

Pseudocode / Python idea (not runnable here)

• The Ultimate Oscillator (UO) is a momentum-based technical indicator created by Larry Williams (published 1985). It measures price momentum across three timeframes (7,…

Ultimate Net Loss

Summary Ultimate net loss (UNL) is the final amount a party is financially obligated to pay after an insured loss has been adjusted for…

Ultimate Mortality Table

An ultimate mortality table is a life‑table that shows, for each age, the proportion (or number) of a studied population expected to survive to…

Ulcer Index Mean

Summary – The Ulcer Index (UI) is a downside-risk volatility measure that captures both the depth and duration of drawdowns (percent declines from recent…

Unlimited Liability Corporation Ulc

Overview An unlimited liability corporation (ULC) is a corporate form available in a few Canadian provinces that combines incorporation with unlimited shareholder exposure to…

Udaap

Summary UDAAP stands for Unfair, Deceptive, or Abusive Acts or Practices. It is illegal for providers of consumer financial products and services to engage…

Ucits

UCITS (Undertakings for Collective Investment in Transferable Securities) is a European regulatory framework for retail investment funds. A “UCITS fund” is a mutual fund…