Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: Finance

UNIFORM GIFTS TO MINORS ACT

Regulation allowing the adult right to contribute funds to a minor’s account that doesn’t need setting up a trust fund. Adult will manage the account until the holder reaches 18 years of

UNIT OF MEASURE

Standard system or unit that a quantity is counted and expressed in.

UNSUBSIDIZED LOAN

Loan where interest as added as soon as the money is given to the borrower.

USABILITY

Speed and ease of using or operating a device, facility or service.

VALUE ADDED ACTIVITY

Generating a positive return on resource investment that can’t be stopped without process impairment.

VALUE CHAIN

Activities adding value that are linked and convert input to output and add to the bottom line.

VALUE PROPOSITION

Analysis of gods and services offered to a company’s customers for payment.

VAPOR

Gaseous form of a solid or liquid.

VECTOR

Set of numbers or elements arranged in a table as rows and columns.

VESTED COMMISSIONS

Agent commissions even if he no longer works for the insurer that come from renewal of business.

VICTIM

Person harmed by criminal acts, attack target.

VISAED

Verified document by consul of one country in another country.

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