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Online services
Any business that provides its subscribers with a wide variety of data transmitted over telecommunications lines, an infrastructure in which they can communicate with one another as well as the means to connect with an almost unlimited number of third-party information providers.
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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.
