1. Crafts like crane driving, welding that is covered by a international or national union. 2. Employees represented by the trade union . 3. Jobs a trade union claims can […]
U | Page 13
U
UNION OF CHURCHES
A combining and consolidating of two churches into one. Also it is when one church is made subject, to another, and one man is rector of both; and where a […]
UNION OF SOVIET SOCIALIST REPUBLICS (USSR)
Communist federation lasting from 1924 to 1991 and comprising 12 main republics and 3 Baltic republics. Called Soviet Union with a population in excess of 300 million. Now known as […]
UNION SHOP
Clause of union agreements requiring all employees to be members within 30 days of starting work. Also known as association shop.
UNION STEWARD
Employee that is elected by co-workers as the representative of the union.
UNION-JACK
The national flag of Great Rritain and Ireland, which combines the banner of St. Patrick with the crosses of St. George and St. Andrew. The word “jack” is most probably […]
UNIQUE RISK
Loss exposure that is associated with a certain investment or strategy of investment that can be reduced by diversity in a portfolio.
UNIQUE SELLING PROPOSITION (USP)
Benefit of a service or good differing from competing brands giving the buyer a reason to buy it.
UNIQUE USER
Single web site visitor no matter how many times they actually visit the site.
UNISSUED STOCK
Stock that is available to be sold through corporate charter but isn’t.
UNIT
1. Determined opt definite quantity used a standard of exchange and measurement. 2. Fractional undivided interest of a mutual fund , unit trust.
UNIT AS PERSONARUM
Lat. The unity of persons, as that between husband and wife, or ancestor and heir.
UNIT BENEFIT FORMULA
Formula to determine money that an employer will pay towards the benefit plan of an employee.
UNIT CONTROL SYSTEM
System of inventory control where items are tracked with bin tickets and a physical inspection .
UNIT COST
Expense used to produce one unit of a service or good often an average cost .
UNIT INVESTMENT TRUST (UIT)
US investment company investing in fixed portfolios of securities that are resold to investors through brokers.
UNIT LOAD
1. One standard shipping container of goods. 2. Alternate term for unitized load .
UNIT LOAD DEVICE (ULD)
Standard cargo container for land, air and sea transport.
UNIT OF ACCOUNT
unit where an items value is compared and accounted. Money’s primary function.
UNIT OF ISSUE
Measurement physically of quantity that an item is stored and issued as.
UNIT OF MEASURE
Standard system or unit that a quantity is counted and expressed in.
UNIT OF MEASUREMENT CONCEPT
Accounting. All financial data should be recorded in one currency unit only. See accounting concepts .
UNIT PRICE
1. Contracting. Pre-determined price for work to be done. 2. Retailing. Price of one item sold.
UNIT PRICE CONTRACT
Construction contract where the client pays a set sum for each unit of work when it is completed.
UNIT PRICING
Method where goods are sold in a fixed unit including all profit margins and costs.