War denounced without a declaration ; war made not upon general but special declaration; imperfect war. People v. McLeod, 1 Hill (N. T.) 409, 37 Am. Dec. 328.
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UNSOLICITED
Something not asked for nor requested.
UNSOLICITED PROPOSAL
Informal but written bid or quote submitted with the initiative of the bidder.
UNSOUGHT GOOD
goods and services that are bought by necessity and not want.
UNSOUND MIND
A person of unsound mind is an adult who from infirmity of mind is incapable of managing himself or his affairs. The term, therefore, includes insane persons, idiots, and imbeciles. […]
UNSTABLE
Tending to, or susceptible to decomposition or a physical or chemical unwanted change.
UNSTABLE REACTIVE
Substances that react with the container they are stored in.
UNSTRUCTURED INTERVIEW
An interview without any set format or formula for questions asked. Also known as a non-directive interview.
UNSTUFFING OF CONTAINER
Process where transport containers are unsealed and all goods removed. Also known as devanning, stripping.
UNSUBSIDIZED LOAN
Loan where interest as added as soon as the money is given to the borrower.
UNSYSTEMIC RISK
Risk of a securities investment not common to all securities but to a certain security. Also known as non- systemic risk .
UNTHRIFT
A prodigal; a spendthrift 1 Bl. Comm. 306.
UNTIL
This term generally excludes the day to which it relates; but It will be con- strued otherwise, if required by the evident intention of the parties. Kendall v. Klngs-
UNUS NULLUS RULE,THE
The rule of evidence which obtains in the civil law , that the testimony of one witness is equiva- lent to the testimony of none. Wharton.
UNUSUAL BUT NOT EXTRAORDINARY ITEM
Liability or asset that has to be on financial statements but doesn’t meet any requirements of reporting.
UNWHOLESOME FOOD
Food not fit to be eaten; food which if eaten would be Injurious.
UNWRITTEN LAW
All that portion of the law, observed and administered in the courts, which has not been enacted or promulgated in tlie form of a statute or or- dinance, including the […]
UP AND IN OPTION
An option that creates an european option if the price goes beyond a barrier. Refer to barrier, down and in, down and out, reverse knockin, knockin, and up and out […]
UP AND OUT OPTION
An option that ends an european option if the price goes beyond a barrier. If the barrier is not crossed the european option is safe. Refer to down and in, […]
UP-FRONT MORTGAGE INSURANCE PREMIUM
Premium that must be paid when a home loan is applied for with the Federal Housing Administration .
UPFRONT COLLATERAL
When an institution takes collateral from the borrower right away to cover losses. Refer to periodic collateral .
UPGRADE
New version of hardware and software, equipment or a machine better than the last and more expensive.
UPHOLD
High court decision to endorse and approve a defendant’s appeal.
UPLIFTED HAND
The hand raised towards the heavens, in one of the forms of taking an oath, instead of being laid upon the Gospels. UPPER BENCH. The court of king’s bench , […]
UPLINE
Term in network marketing for independent distributors above the representatives genealogy.