These are the practices that will interfere or do away with a free trade.
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UNREASONABLE RISK
Adverse effect to people and the environment by a biocide and considering the economic, medical, environmental costs.
UNREASONABLE SEARCH
an unlawful search that is conducted with no legal authority.
UNREASONABLE SEIZURE
This means to take property when you have no right to do so.
UNRECORDED EXPENSE
Expense occurring in one period of accounting but recorded in another.
UNRECORDED REVENUE
Revenue occurring in one period of accounting but recorded in another.
UNREPORTED CLAIMS
Reserve kept so claims not yet submitted can be paid. Amount is based by estimation .
UNREPORTED INCOME
Taxpayer’s failure to report all income he has received and avoid paying as much tax as needs to be paid.
UNRESPONSIVE ANSWER
the answer by a witness that does not answer the question he was asked.
UNRESTRICTED LETTER OF CREDIT
L/C that has no restrictions about the bank chosen for negotiation .
UNSATISFIED JUDGMENT FUND
Mandated fund in some states offering reimbursement to an injured person in a car accident who can’t collect from the party respond sable.
UNSCHEDULED OVERTIME
Overtime that is not planned due to a bottleneck or to fix a ‘behind schedule’ position.
UNSCHEDULED PREMIUM PAYMENTS
Payments to supplement regular premiums of a policy of universal life.
UNSEAWORTHY
See SEAWORTHY.
UNSECURED BOND
Bond issue backed by reputation and credit worthiness of the issuer.
UNSECURED CREDIT
Credit that is extended on the borrowers promise to pay . There is no collateral kept as security.
UNSECURED CREDIT CARD
Credit card allowing users to buy goods with out collateral.
UNSECURED CREDITOR
Creditor extending credit without the security of collateral.
UNSECURED DEBENTURE
Note or debenture with no collateral for security.
UNSECURED DEBT
A debt borrowed with no collateral. The repayment comes from the debtors pocket. This is only given to those with a high credit rating . Refer to secured debt .
UNSECURED LENDER
Lender advancing loans based on a signature with no charge on the assets of the borrower.
UNSECURED LOAN
Loan extended based on the financial position of the borrower, his credit history and reputation.
UNSECURED NOTE
Loan not requiring an asset for collateral.
UNSECURED PERSONAL LOANS
Personal loan with no collateral backing.
UNSHIELDED TWISTED PAIR (UTP)
Common media for transmission of data and voice communications , that connects phone subscribers to a central exchange in a LAN such as Ethernet and Token Ring. See shielded twisted […]