Home > Industry/Domain > Financial services

Financial services

Related to any service provided by the finance industry, which encompasses a broad range of organisations that deal with the management of money.

17Categories 144162Terms

Add a new term

Contributors in Financial services

Financial services > General Finance

universal life

Financial services; General Finance

A whole life insurance product whose investment component pays a competitive interest rate rather than the below-market crediting rate.

universe of securities

Financial services; General Finance

A group of stocks having a common feature, such as similar outstanding market capitalization or same product line.

unleveraged beta

Financial services; General Finance

The beta of an unleveraged required return (i.e., no debt) on an investment when the investment is financed entirely by equity.

unleveraged program

Financial services; General Finance

The use of borrowed funds to finance less than 50% of a purchase of assets. In a leveraged program borrowed funds are used to finance more than 50%.

unleveraged

Financial services; General Finance

The required return on an investment when the investment is financed entirely by equity (i.e., no debt).

unlevered cost of equity

Financial services; General Finance

The discount rate appropriate for an investment that it is financed with 100% equity.

unlimited liability

Financial services; General Finance

Full liability for the debt and other obligations of a legal entity. The general partners of a partnership have unlimited liability.