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Tooltip Categories: Economics & Finance

unemployment benefit

Payments made by the state or other authorized bodies to unemployed people. (source: http://en.wikipedia.org/wiki/Unemployment_benefits)

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unemployment insurance

Payments made by the state or other authorised bodies to unemployed people. (source: http://en.wikipedia.org/wiki/Unemployment_benefits)

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unemployment rate

Percentage of total workforce who are unemployed and are looking for a paid job. (source: http://www.businessdictionary.com/definition/unemployment-rate.html#ixzz2ie8Oi9Rh)

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underdevelopment

In economics, underdevelopment is when resources are not used to their full socio-economic potential, with the result that local or regional development is slower in

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underlying asset

A term used in derivatives trading, such as with options. A derivative is a financial instrument whose price is based (derived) from a different asset.

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UN Global Compact

The UN Global Compact is a strategic policy initiative for businesses that are committed to aligning their operations and strategies with ten universally accepted principles

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unanimity

Characterized by complete agreement. (source: http://www.wordreference.com/definition/unanimity)

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unappealable

Not subject to appeal. (source: http://www.merriam-webster.com/dictionary/unappealable)

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unbanked

The word unbanked is an umbrella term used to describe diverse groups of individuals who do not use banks or credit unions for their financial

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underdeveloped

Relating to societies in which both the surplus capital and the social organization necessary to advance are lacking. (source: http://www.wordreference.com/definition/underdeveloped)

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