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Human rights

Fundamental and universal rights and freedoms to which all human beings are entitled. They consist of civil, political, economic, social and cultural rights that States are obliged to fully respect according to common standards ratified by national and international legislation.

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uncovered put writing

Financial services; General Finance

A short put option position in which the writer does not have a corresponding short position in the underlying security or has not deposited, in a cash account,

underbanked

Financial services; General Finance

When an originating investment banker cannot find enough firms to underwrite a new issue.

underbooked

Financial services; General Finance

Describes limited interest by prospective buyers in a new issue of a security during the preoffering registration period.

undercapitalised

Financial services; General Finance

A business has insufficient capital to carry out its normal functions.

underfunded pension plan

Financial services; General Finance

A pension plan that has a negative surplus (i.e., liabilities exceed assets).

underinvestment problem

Financial services; General Finance

The mirror image of the asset substitution problem, in that stockholders refuse to invest in low-risk assets to avoid shifting wealth from themselves to debtholders.

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